How markets have fared in 18 days of war By Sreedev Krishnakumar It has been more than two weeks since the US and Israel launched surprise airstrikes on multiple sites across Iran, killing Supreme Leader Ali Khamenei, and starting a new war in West Asia. Iran shutting down Strait of Hormuz, one of the most important shipping routes which is crucial in global oil trade, has sent crude prices soaring past the $100 per barrel mark. How have the Indian and global markets fared during this period? The charts below explore this in detail. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on the HT news app for free)

It has been more than two weeks since the beginning of the Iran-Israel-US war. Along with deaths of hundreds (Mostly in Iran), oil has soared past the $100 per barrel mark with the closure of Strait of Hormuz, inflicting pain on global economy. How have the […]

[Original post on journa.host]

RE: https://mas.to/@seanbala/116194240764340533

Hotbox! Congrats #India!!

India Zinzabad!

#MastIndia #Cricket #ICC #T20 #Sports

Watching the T20 Cricket World Cup with family in India. As an American, it is all Whackbat* to me but really fun to be with family while unexpectedly still here...

* For those who don't know Whackbat, go here - https://youtu.be/UGt5NjWkTf8

#India #MastIndia #Cricket #T20 #ICC #WesAnderson

The importance of IT sector in India’s labour market By Sreedev Krishnakumar Those outside India’s IT industry believe it faces a moment of reckoning, with fears that many jobs in the sector will simply disappear as AI takes over. India’s IT czars, however, continue to maintain that such fears are unfounded and the industry will adapt without too much pain. The debate will resolve one way or the other sooner rather than later. In the meantime, the question worth asking is what is at stake for India in this debate. HT parsed various databases to answer this question. Here is what the numbers show. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on the free HT news app)

Many outside India’s IT sector believe it’s facing a moment of reckoning. But Indian IT czars insist all is well and that the sector will adapt to AI. But the bigger question is what is at stake for India either way. Today's HT Number Theory looked deeper into […]

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A close-up of a printed advertisement featuring the text "MAKE GOA FOREVER YOURS THIS VALENTINE" on a blue and white banner on the side of a newspaper.

Given Goa's current relationship with tourism and the internal colonization from North India, this Valentine's Day ad in the Times of India is a bit too real.

#India #MastIndia #Goa #Travel #Tourism #Advertising #Newspaper #Colonialism

Original post on mas.to

Hey #Bookstodon - currently in #India and was thinking about picking up a Satyajit Ray book. Any recommendation as to which one to get? Was thinking of “Indigo” by Penguin. I have never read him before but he has been on my list for a while!

https://en.wikipedia.org/wiki/Satyajit_Ray […]

An annotated version of India-US joint statement published in today's Hindustan Times. The full text with annotations is too long to be copied and pasted here. Please click on the link in the post to read it on HT app.

Grab today's Hindustan Times to find an annotated version of the India-US joint statement putting specific key details in context. If you couldn't get your hands on a copy, we have also made an online interactive version of it that you can read from our app […]

[Original post on journa.host]

Diwali and significance of Muhurat trading By Sreedev Krishnakumar Every year, on Diwali evening, India’s stock exchanges open for a special hour of trading known as Muhurat trading, a ritual that marks the start of the new financial year (or "Samvat") for many trading communities. This year's Muhurat trading session will take place on Tuesday, October 21, 2025. Considered an auspicious time to invest by many, it draws both seasoned investors and first-time traders who believe it heralds prosperity for the year ahead. How have the markets actually performed on Muhurat trading sessions in the past? Does the optimism of Diwali sustain itself in the weeks and months that follow? The charts below explore these in detail. (The full text is too long to be posted here. Please click on the link in the post to read it on HT app)

Every Diwali, India’s stock markets open for an hour of Muhurat trading, a ritual marking a new Hindu calendar year (Samvat). It’s seen as a moment of prosperity and new beginnings. But do the markets live up to the optimism? Today's Number Theory takes a look […]

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Inside the surge: Gold's record rally explained By Sreedev Krishnakumar Gold is in the middle of an extraordinary run, crossing the $4,000 an ounce mark earlier this month in the international markets, while its domestic price has doubled in recent years. The rally has outpaced many equity benchmarks, raising the question how gold compares with stock market returns both globally and in India. At the same time, the surge has tested the resilience of Indian demand. The charts below explores gold’s record run in detail. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on HT app)

Gold is amidst an extraordinary run, crossing $4,000 an ounce globally and doubling in India in just a few years. Today's Number Theory dives into this gold rush in detail.

Read on HT app […]

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Biharis are poor, but bullish on sentiment By Sreedev Krishnakumar and Roshan Kishore That Bihar is among the poorest states in India and Biharis among the poorest people is well known. However, what is also remarkable about the state is that there have been no large-scale protests or even a change in government for a long time in the state. The incumbent chief minister, Nitish Kumar, has now been in office for almost 20 consecutive years. What explains this apparent contradiction? The translation between economics and politics is never as straight as some assume it to be. However, at least one set of statistics published by the Reserve Bank of India could throw some light on the issue: consumer sentiment in Bihar is quite high when compared to its poor income and consumption levels. Here is what the numbers show. (The full text is too long to be copied and pasted here, please click on the link in the post to read it on HT app)

Bihar is among India’s poorest states yet it hasn’t seen protests or a change in govt in decades. The incumbent CM Nitish Kumar has ruled the state for nearly 20 years. We tried to explore the reason behind this apparent contradiction using unit level data from […]

[Original post on journa.host]

Prohibition’s hangover in Bihar By Roshan Kishore, Abhishek Jha and Sreedev Krishnakumar It is now almost 10 years since Nitish Kumar imposed prohibition in Bihar. Its stated objectives were to prevent crime, abuse of women by alcoholic male family members, and divert money spent on alcohol towards more useful purposes. Nitish Kumar was in alliance with the Rashtriya Janata Dal (RJD) when he imposed prohibition and has changed sides thrice since, allying with the Bharatiya Janata Party (BJP) in 2017, jumping ship to join hands with the RJD in 2022, and going back to the BJP again in 2024. The fact that prohibition has continued through these flip flops, suggests that it has the support of all three major parties in the state, namely, the Janata Dal (United), the RJD, and the BJP. As Bihar heads into its second assembly elections after imposing prohibition, it is a good occasion to ask how effective the policy has been in the state. Here is what the data shows. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on the HT app)

A decade after Bihar’s liquor ban, the picture is mixed. Our analysis finds very little evidence of reduced spousal violence, and drinkers may simply have switched to other substances. But the revenue loss for the state is unmistakably clear […]

[Original post on journa.host]

Non-metro cities take off in India's aviation boom By Sreedev Krishnakumar That India’s post-reform growth story has been an unequal one is a well-accepted and commented upon fact. However, this inequality does not mean that growth has been the preserve of just a handful of places. In fact, there are enough signs that even as inequality persists, opulence is also spreading across India’s geography. Among the most important proofs of this is the growing share of non-metro towns in India’s aviation map, albeit with the caveat that air travel is no longer seen as the luxury it once was. The numbers speak for themselves. (The full text is too long to be pasted here. Please click on the link in the app to read it on the free HT app.)

India’s skies aren’t just for metros anymore. Non-metro towns are claiming a bigger share of the aviation map, proof that growth is spreading, even if flying is no longer the luxury it once was. The numbers speak for themselves.

Read on HT app […]

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Is economic sentiment real or imagined? By Sreedev Krishnakumar and Auhona Mukherjee Consumer sentiment is often a key metric to ascertain the state of the economy. There are private and institutional estimates of the measure across countries. In India none other than the RBI conducts the survey. How objective are such measures? More and more data, including one released recently for the UK shows that people’s reporting of consumer sentiment might have to do more with their political partisanship than objectively determined. A comparison of data for the UK, USA and India shows that the confirmation bias in the Indian survey might be lower than in other two countries. (The full text is too long to be copied and pasted here. Please click on the next link in this thread to read it on HT app for free)

Consumer sentiment is a key economic gauge, but how objective is it? More and more data raises concern that partisanship may be increasingly colouring people's economic outlook. Today’s Number Theory digs into this further using data from UK, US and India.

Read […]

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The changes in India’s exports and imports By Sreedev Krishnakumar The first part of this series looked at the importance of exports and imports in India’s economy overtime and also compared it with other major economies. The concluding part will look at India’s goods and services trade in a more disaggregated manner. (The full text is too long to be pasted here. Please click on the link in the post to read it in full from the free HT app).

The 1st part of HT's 2-part series on evolution of India's foreign trade traced its trade in goods & services over time and against major economies. This 2nd part dives deeper into the disaggregated picture of India’s foreign trade.

Read on HT app […]

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Why trade matters for India's economy | Number Theory By Roshan Kishore and Sreedev Krishnakumar India’s recent trade tensions with the US and the gradual but steadily rising protectionist tide in the advanced economies has raised questions about the viability of exports as a driver of India’s economic growth. While India is often not considered an export success story in the recent past, especially in comparison to countries such as China and even smaller economies in south-east Asia, exports or trade as a whole are far from insignificant in India’s macroeconomy. This two-part series will lay down some stylised facts around India’s exports and put them in the larger context. The first part will look at the importance of trade in India’s overall economy and the second will look at the country’s exports and imports in detail. (The full text is too long be copied and pasted here. Please click on the link in the post to read it in full from the free HT app)

Rising trade tensions and growing protectionism in advanced economies have cast doubt on exports as a growth driver for India. In a 2-part series, HT explores the role of trade, exports, and imports in shaping India’s growth story. Here's the first part by Roshan […]

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Can India preserve its multipolarity? By Sreedev Krishnakumar Donald Trump’s 25% tariffs on India were bad enough for bilateral ties, but the US president has made it worse with an additional 25% on account of India’s oil purchases from Russia, which Trump now sees as the aggressor in the Ukraine war. Both the Indian government and public opinion have not seen relations with the US and Russia as an either-or choice. Here are three charts that explain this argument. (The full text is too long to be posted here. Please click on the link in the post to read it on the free HT app.)

Trump’s 25% tariffs on India were bad enough, but now he’s added another 25% over Russian oil buys. Both the Indian government and the people have not seen relations with the US and Russia as an either-or choice. Today's Number Theory explains why.

Read on HT […]

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Terms of Trade: Come and hear the boom boxes in the street

www.hindustantimes.com/india-news/terms-of-trad...

#MastIndia @mastodonindians

This has become a yearly ritual www.deccanherald.com/india/karnataka/bengalur...

#MastIndia #peakbengaluru

The Indian impact of US remittance taxes By Sreedev Krishnakumar Donald Trump's "One Big Beautiful Bill", which was recently passed by the US House of Representatives, could have significant implications for India. Running over 1,000 pages, the legislation includes a new 3.5% tax on money sent abroad as remittances by non-US citizens. Among those who will be affected are H-1B visa holders and permanent residents—many of whom are Indian professionals who routinely remit part of their salaries to families in India. If passed by the US Senate as well, the sizeable Indian population in the US would find it more expensive to send money back home. How much does India get as remittances every year? What is the share of US in India's remittances? What will impact of the remittance tax? The charts below explores these questions in detail. (The full text is too long to be copied here. Please click on the link in the post to read it fully)

Trump’s 'One Big Beautiful Bill' proposes a 3.5% tax on remittances sent to other countries, impacting Indian Americans. If passed by the US Senate as well, sending money home could get costlier. Today's Number Theory explores the Indian impact of US remittance […]

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The growing debt of advanced economies By Sreedev Krishnakumar Debt is back at the centre of global economic debates, particularly in developed nations. In the United States, the Donald Trump administration is citing rising debt to justify spending cuts even as it pursues major tax cuts and new tariffs. In Europe, Germany has relaxed borrowing limits to reverse stagnation and reduce dependence on US security. Public debt is climbing again even as  global trade tensions are adding new fiscal and economic risks. How high is rich nations’ debt? Who is funding it? And what does it mean for emerging economies like India? The charts below explore these questions. (The full story is too long to be copied and pasted here. Please click on the link in the post to read it from HT app)

Public debt is rising again across rich nations amid new trade tensions. What’s driving it and what are the risks for emerging economies like India? Today's Number Theory explores this in detail.

Read on HT app […]

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The economic fallout of terror attacks in J&K Byline: Sreedev Krishnakumar and Abhishek Jha The Pahalgam terror attack on 22 April is one of the worst ever terror incidents in the history of Jammu and Kashmir. What makes the attack even worse is that it is only one of the few where tourists have been targeted. The attack, which came in the peak tourist season is likely to lead to a large fall in tourist arrivals in the state and will hurt the tourism industry which while on an improving trajectory still lags behind many other states in India. (The full story is too long to be copied and pasted here. Please click on the link in the post to read it from the HT app)

The Pahalgam terror attack targeted tourists at the height of the season. It threatens to derail the J&K’s tourism recovery. Today's Number Theory looks at the economic impact of terror attacks in J&K.

Read on HT app […]

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The problems of dealing with the rouge neighbour Byline: Roshan Kishore and Sreedev Krishnakumar The brutal killing of 26 tourists in Pahalgam on 22 April has once again raised the question of how should the Indian state deal with Pakistan sponsored terrorism in Jammu and Kashmir which is a more structural problem than the immediate attack. The difficulty in answering this question, counter-intuitive as it may sound, is more a result of India pulling ahead of Pakistan in the past four decades while the latter is caught in what can be described as a self-destructive trajectory. Here are four charts which explain the argument in detail. (The full story is too long to be pasted here. Please click on the link in the post to read it for free on HT app)

The brutal killing of 26 tourists in Pahalgam has reignited debate on tackling Pakistan-backed terror in J&K—a structural issue rooted in decades of divergence between India and Pakistan. Here are 3 charts that explores this in detail.

Read on HT app […]

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How global mayhem affected Indian markets Byline: Sreedev Krishna Kumar Asian and European stock markets tumbled on Monday amid mounting investor fears of a global recession, driven by intensifying trade tensions sparked by Donald Trump’s tariffs. With major economies showing no signs of backing down, further market volatility is expected. The following charts examine how the crash unfolded and what history tells us about periods of extreme market turbulence. (Please click on the link in the next to read the full text on HT app as it is too long to be copied and pasted here)

NSE-listed companies lost ₹14.3 lakh crore in market capitalisation on Monday. Today’s Number Theory looks at how Trump’s tariff threats — and global retaliation — triggered the selloff, and what past data tells us about such high volatility in the markets.

Read […]

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Is India’s stock market winter finally over? By Sreedev Krishnakumar After months of volatility and a persistent downward trend, the Indian markets have shown signs of recovery in recent weeks. The benchmark BSE Sensex has now nearly returned to its levels from end-2024. But does this indicate a sustained reversal, or is it just a temporary bounce? What are the key factors driving this shift? The charts below break down these trends in detail. (The full text is too long to be copied and pasted here. Please click on the link in the post to read it on the free HT app)

After months of decline, Indian markets finally rebounded in March, bringing the BSE Sensex close to its end-2024 levels. So does this mean India's stock market winter is finally over? But is the stock market winter truly over? Today's Number Theory breaks it […]

[Original post on journa.host]

Just voted for the Governance Board of @fossunited

Elect the right leaders to one of the biggest FOSS platforms of India. I hope the leaders elected does justice to the FOSS ecosystem in India.

Vote here fossunited.org/ballot/election/2025-gb-...

#mastIndia

Number Theory: Bourbon duty cut may not be a bottoms-up move By Sreedev Krishnakumar High on optics, low in immediate impact. That is the effect of the recent move by India to reduce tariff on bourbon whisky imports from all countries, from 150% to 100%, after US President Donald Trump criticised India’s “unfair” tariffs on American goods, particularly in the alcohol sector. Indians lean towards whisky, along with beer, and the share of bourbon whisky — of which the US is a major producer — in the overall Indian alcohol pie is very small. (The whole text is too long to be copied here. Please click on the link in the post to read it on the free HT app)

In the backdrop of the recent tariff cuts on bourbon whisky, HT began a 2-part series on India's liquor landscape today. The first part by me, published in today's paper, looks at the trends in India's foreign trade in alcohol, its favourite source and type of […]

[Original post on journa.host]

Sessions at #BarcampBangalore never cease to amaze me, they are always very very interesting. https://barcampbangalore.com/bcb/sessions I dont know of any other city which can have this varied and interesting topics being discussed at their #barcamp.

#MastIndia #bangalore #BangaloreTech

Indians 2% of illegal immigrants in US: Trends captured in 3 charts By Sreedev Krishnakumar Deportation of illegal Indian immigrants by the Trump administration last week has brought the issue of unauthorised Indian immigrants in the US in focus. How big is this problem? Has this increased overtime? A paper published by Abby Budiman and Devesh Kapur, PhD student and professor at Johns Hopkins University respectively, on February 10 answers this question in detail. Here is a summary of their key findings. (The full story is too long to be copied here. Please click on the link in the post to read it on HT app.)

The Trump admin's deportation of illegal Indian immigrants has grabbed headlines in recent days. Today's Number Theory looks at findings from a new paper by by Abby Budiman & Devesh Kapur at John Hopkins University, which examines the evolution of illegal Indian […]

[Original post on journa.host]

Only in Kolkata 😁

#MastIndia #kolkata