Month: March 2022
LIC IPO is a classic case of a slip between cup and lip; Russia-Ukraine Conflict turns out to be biggest spoiler
Posted: March 31, 2022 at 3:10 pm | Author: Manish Marwah
The crisis has led to a turmoil in equity markets globally, including India; this has forcedgovernment to review its planned launch, pushing it to next financial year The much awaited public issue of Life Insurance Corporation of India (IPO) has been pushed back,thanks to the Russia-Ukraine crisis that has spoilt the stock market sentiments, globally […]
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
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 […]
Incentives Can Help India Become A Green Hydrogen Export Hub
Posted: March 2, 2022 at 8:17 am | Author: Manish Marwah
Green hydrogen, produced from water and clean electricity, is crucial for the world’s emissions reduction goals. India should make an earnest effort and be a first mover in the future of energy. It lost out to other countries in manufacturing, especially to China. No such mistake should be repeated as too many jobs will be […]