Ethanol Blending targets of government are ambitious, yet praiseworthy but government has been aggressively pursuing it

Posted: July 6, 2021 at 10:53 am | Author: Manish Marwah


Despite challenges, India has been aggressively pursuing its ethanol blending programme and this is reflected in its decision to advance E20 fuel rollout; with this one move, government aims to achieve multiple objectives – clean fuel, energy security, lower import bills and better remuneration for sugarcane farmers   India’s resolve to use cleaner vehicular fuel has […]

Amendments in rules on appointment, removal of independent directors is significant reform; will bring more transparency, improve corporate governance

Posted: at 10:30 am | Author: Manish Marwah


Changes undertaken by Sebi were much needed and timely and will bring paradigm shift in the ways companies conduct their affairs; decision on InvITs, REITs to usher new opportunities for companies, retail investors       Securities and Exchange Board of India (Sebi) has undertaken some major reforms by amending rules related to appointment, reappointment, removal or resignation of Independent Directors on listed company’s board. It has also changed […]

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 […]