Indian Consumer Confidence Improves amidst Global Cauldron

Posted: May 7, 2022 at 3:52 am | Author: Manish Marwah

The RBI’s Consumer Confidence Survey reflects a marginal improvement in March 2022 (-92.1) from January 2022 (-92.3)    The Reserve Bank of India (RBI) recently released the Consumer Confidence Survey and its findings are encouraging in many respects. The survey finds that consumer confidence for the current period continued on its recovery path. The period of assessment has […]


Russia-Ukraine Crisis Might Upset Oil Prices and Fiscal Deficit

Posted: March 8, 2022 at 5:05 pm | Author: Manish Marwah

A 10 per cent rise in crude oil prices could lower India’s GDP growth by 0.2 percentage points; on the retail inflation front, the impact is between 0.5 and 0.6 per cent.  The ongoing Russia-Ukraine conflict is already having its impact on the global energy supply and prices. Brent Crude hit USD 105 on very first day of the clashes. This […]


India registers a record 20.1% YoY jump in GDP estimates for Q1FY22 – is it impressive or a glass half full?

Posted: September 8, 2021 at 2:39 pm | Author: Manish Marwah

Economy reviving or start of downfall

The current growth is on a low base of previous year during the corresponding quarter after the economy went to a standstill because of nationwide lockdown  The Government announced estimates of the Gross Domestic Product (GDP) of the country for the April-June quarter of the financial year (FY) 2021-22 (April-March) which shows a record increase […]


RBI’s revised GDP growth estimates reflective of difficult road ahead for economy; employment, consumption to hold key for recovery

Posted: August 4, 2021 at 5:48 am | Author: Manish Marwah

GDP- India

Urban demand reflected in high frequency indicators like electricity consumption, railway freight traffic, port cargo, steel consumption, cement production, e-way bills and toll collections – recorded sequential moderation in April-May as manufacturing and services get hit due to second wave The latest Gross Domestic Product (GDP) numbers released by the Government for the financial year […]


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

Economic recovery indicators in India

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 […]


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

oil industry and its impact

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 […]


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

Some Positivity in the market post improvement in PMI and GST collection in India

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 […]


Coronavirus outbreak poses a great danger for the global economy

Posted: February 29, 2020 at 4:29 pm | Author: Manish Marwah

Corona virus epidemic

Now a global health emergency, as declared by the World Health Organisation (WHO), the coronavirus (COVID-19) outbreak will have a cascading impact on the Global GDP. A report by Dun & Bradstreet, estimates a hit of around 1 percentage point if the problem is not completely arrested by June, this year. Reports suggest that despite […]


India striving to become a gas-based economy and rightly so

Posted: February 14, 2020 at 12:30 pm | Author: Manish Marwah

LNG sector update in India

India is striving to become a gas-based economy and has been working aggressively to reach there.Its consumption of gas at 6% as of 2018 for its energy needs, is far below the global average of 22% in 2017. Only Gujarat betters the global average consumption of gas, accounting for 23% of its overall energy requirements. […]


India’s growth recovery unlikely without kicking Consumption

Posted: December 23, 2019 at 7:43 am | Author: Manish Marwah

India’s slowdown story is dependent on consumption

India’s slowdown story is for real and the worst part is that it has still not bottomed-out and could take another couple of quarters. Even the recovery would take a year as is being widely said by many economists. Much of it can be attributed to the falling consumption across the spectrum, be it private […]