Indian automobile industry staring yet another crisis as companies now grapple with semi-conductor shortages
Posted: April 8, 2021 at 1:43 pm | Author: Manish Marwah
Thanks to automotive semiconductor ICs that modern cars come with high-end functionalities like navigation control, infotainment systems, collision detection systems, 3D mapping applications, augmented-reality technologies and so much more Semi-conductor shortage is posing a great challenge for the global automobile industry and the Indian industry is also feeling the heat. Dealers’ organisation – Federation of […]
Though benign food inflation kept January CPI inflation in check; rising fuel prices could spoil the party
Posted: March 22, 2021 at 8:32 am | Author: Manish Marwah
It has been indicated by the RBI that the food inflation trajectory will shape the near-term outlook of the inflation; the rise in crude oil prices may create inflationary pressure, going forward. The prices of diesel and petrol increased for the 12-straight day when this piece was being written. Thanks to the crude oil prices […]
New vehicle buyers need to be incentivised with low taxes, benign fuel prices to keep the sales going
Posted: March 21, 2021 at 10:22 am | Author: Manish Marwah
Owning a vehicle has become expensive with rising fuel prices, high taxes, production cost. Unless, potential buyers see value in having one, auto companies will continue to have tough times. In casual conversations with some friends and people from generation younger to me, many have said that they were not inclined to own a vehicle. […]
Economic recovery is a long road ahead; don’t get swayed by stock market boom, recent growth indicators
Posted: January 22, 2021 at 5:47 am | Author: Manish Marwah
From the record June Quarter lows to real GDP projections for Q3 quarter and onwards, it may appear that we have come some way, we are still quite far from any reasonable recovery India’s Economic Indicators have been encouraging, with the stock market booming over the last 6 months. Are these signs of recovery […]
RBI’s latest Financial Stability Report suggests further shocks for banking sector; risks to domestic financial stability staring banks
Posted: January 21, 2021 at 12:39 pm | Author: Manish Marwah
Gross bad loans on banks’ balance sheets could rise to 13.5 per cent by 30 September 2021 according to the estimates given by the Reserve Bank of India (RBI). This is against 7.5 per cent in September 2019 The Indian banking system is headed for a big shock as gross bad loans on banks’ balance […]
Oil to trade in a narrow range as demand unlikely to pick-up significantly anytime soon
Posted: December 10, 2020 at 11:57 am | Author: Manish Marwah
Some breather for crude oil as vaccine hopes soften blows; as infection cases rise, the demand recovery looks like a long road ahead The situation of oil is currently one of a seesaw, which tilts towards the side that puts more weight. Despite the gloom around the fresh wave of infections surfacing in Europe, US […]
PLI for mobile manufacturing was long overdue but is the industry ready to meet stiff targets?
Posted: November 4, 2020 at 10:25 am | Author: Manish Marwah
India’s Production Linked Incentive (PLI) Scheme is expected to bring windfall gains for the local mobile manufacturing Industry and make India a mobile manufacturing hub. The scheme is part of the National Policy on Electronics and was notified on 1 April 2020. It aims to incentivise mobile and electronics components manufacturers who meet certain sales […]
RBI decision to target growth instead of focussing too heavily on inflation control, a welcome departure from its stance
Posted: October 30, 2020 at 8:39 am | Author: Manish Marwah
The Monetary Policy announcements last week by the Reserve Bank of India (RBI) Governor Shaktikanta Das were bold in ways that the banking regulator this time decided to target growth instead of focussing too much on inflation control. The CPI inflation continues to remain high (at 7.34 per cent in September) – significantly above […]
Some green shoots emerge in September with higher PMI, GST and auto sales numbers; recovery still looks patch amid headwinds
Posted: October 9, 2020 at 11:34 am | Author: Manish Marwah
Unlock 5.0 guidelines have been released by the government with further relaxations that are likely to increase the economic activity. This comes at an opportune time as a number of data points give encouraging signals. Are these green shoots leading to a recovery path or we are reading too much into it? The headwinds are […]
Covid-19 fires a fresh salvo on the consumer confidence, reveals July RBI survey; Yes! we should be worried
Posted: August 27, 2020 at 6:10 am | Author: Manish Marwah
The Reserve Bank of India (RBI) has released its July 2020 Consumer Confidence Survey (CCS) which points to the further dipping of consumer confidence and the Current Situation Index recording to an all-time low. The report was released on the occasion of its bimonthly monetary policy announcement. The survey is based on five variables viz. […]
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