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 […]


India’s Textile Sector set to become Revitalized & Competitive

Posted: March 23, 2022 at 3:08 am | Author: Manish Marwah

The government’s aim to encourage the ‘Make in India’ scheme received yet another boost late last year when the Production Linked Incentive (PLI) Scheme was announced for the textile industry. Currently, the total contribution of India’s textile and apparel industry is less than 5 per cent of its GDP even as it provides employment to almost 100 million people, both directly and indirectly. The PLI scheme is to bring growth in production of manmade fibres and technical textiles for […]


Gold Glitters despite Russia-Ukraine Tussle and US Fed Interest Hike

Posted: March 16, 2022 at 2:22 pm | Author: Manish Marwah

Gold Prices surges during global crisis

Fears that gold price could see a sharp downturn in the aftermath of aggressive interest rate hikes by US central bank loomed until Russia-Ukraine conflict emerged as a face saver Gold remains on tenterhooks ahead of the US Federal Reserve’s scheduled meeting on 16 th of March where the central bank is expected to announce […]


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 […]


Vehicle Scrappage policy was long overdue and will be a game changer – BUT its success will hinge on how swiftly the buyers, industry see incentives on ground

Posted: September 27, 2021 at 2:34 pm | Author: Manish Marwah

Motor scrapping policy in India - Modi Goverment

The Vehicle Scrappage Policy is offering many incentives to buyers in the form of tax and registration exemptions while aiming to bring down cost of vehicles. While, environment is a consideration, cost advantage for average owner will be a major play. India’s much awaited vehicle scrappage policy was launched last month with an aim to […]


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 […]


Without structural reforms back home, India to remain on back foot in RCEP like negotiations

Posted: December 6, 2019 at 11:49 am | Author: Manish Marwah

Regional Comprehensive Economic Partnership status of India

India walked out of the recently concluded Regional Comprehensive Economic Partnership (RCEP) citing unfavourable terms that would harm the domestic industries. While its concerns cannot be wished-away, especially at a time when the economy is in a perilous state and small business are already in the red, the country itself needs to do better by […]