Reliance Jio effect ebbing, but industry not out of the woods
Posted: December 27, 2017 at 10:37 am | Author: Manish Marwah
After severely denting the revenues and businesses of many telecom companies, the disruption caused by new player Reliance Jio since September last year was ebbing. But its aggressive launch by offering freebies in the initial months has spurred consolidation of private telecom firms broadly into three main groups: Airtel, Vodafone and Reliance Jio. It […]
The Start-up ecosystem in India
Posted: December 15, 2017 at 8:56 am | Author: Manish Marwah
In India, small entrepreneurs create more jobs, which is evident from the fact that only 1.37% of a total of 5.85 crore establishments employed 10 or more workers. However, most of the start-ups fail to survive more than two years due to various disadvantages, including lack of hand-holding, knowledge and funding support. Yet, a few […]
Economic Slowdown: Over Pessimism Clouds Reality
Posted: December 1, 2017 at 8:49 am | Author: Manish Marwah
Most of the agencies have lowered their forecasts for India’s gross domestic product (GDP) growth in 2017-18. The main reasons cited for the above include demonetisation impact on both demand and supply, goods and service tax (GST) introduction affecting the smaller firms on the supply side, subdued private investment in the economy, the slowdown in […]
India’s stellar FDI performance
Posted: September 16, 2017 at 9:28 am | Author: Manish Marwah
Progressive liberalisation to permit FDI in most sectors gives high dividend. At the BRICS (Brazil, Russia, India, China and South Africa) summit a few days ago, Prime Minister Narendra Modi bragged that India is now one of the most open economies in the world. It is true and facts show it. A major achievement of […]
Future of cryptocurrency uncertain
Posted: August 10, 2017 at 9:22 am | Author: Manish Marwah
The value of one Bitcoin is $2,808 now and Rs 1,82,704 in Indian rupees. Is there any underlying asset against it or anyone given legal guarantee on value? No. Then, why Bitcoin price which was less than $500 a year back, has increased nearly 6 times? Similarly, one Bitcoin cost about Rs 40,000 a piece […]
How to make a fortune through the stock market
Posted: June 16, 2017 at 10:13 am | Author: Manish Marwah
No one can predict stock prices with 100% accuracy. One can make a reasonable guess based on available information. So, chances of losses are as much as of gains. Here, value investing comes into play. Don’t panic when stocks crash or celebrate when they rise steeply. Be calm to both. Also, before investing one has […]
Will 2017-18 be a watershed year for CPSE disinvestment?
Posted: April 18, 2017 at 11:52 am | Author: Manish Marwah
Privatization came to a grinding halt after the Congress party-led government came to power at the Centre in 2004. The then Manmohan Singh government lacked courage to bite the bullet on restructuring central public sector enterprise (CPSEs) in a rapidly evolving global economic environment. A cursory look at the 235 operating CPSEs would prompt one […]
GST, and beyond! What lies ahead?
Posted: February 4, 2017 at 1:55 pm | Author: Manish Marwah
With the much awaited Goods and Sales Tax (GST) regime fast becoming a certainty, the debate over its short and long term impact for India and its economy is getting sharper by the day. As the country prepares to embrace GST in 2017, a widespread speculation on its implications is further clouding the prevailing […]
DIGITISATION AND ITS IMPACT ON ECONOMY AND SECTORS
Posted: October 4, 2016 at 1:58 pm | Author: Manish Marwah
Imagine an India, where a villager directly tweets”Applied for visa but official asking for bribe.” to Ministry of External Affairs, or “No power supply in the village during the last 24 hours, please send officials for inspection.” to Ministry of Power, or “Unemployed despite high qualification” to Ministry of Labour & Employment and gets a […]
Make in India
Posted: September 10, 2016 at 5:00 pm | Author: Manish Marwah
Prime Minister Narendra Modi has a talent for coining slogans that go viral. While Sabka Saath, Sabka Vikas and Swachh Bharat are meant for India, his Make in India call was meant for the world, and it has received global attention.
The cynical will say that it is yet another slogan that arouses expectations, but are not followed up with actions and soon forgotten. Like Garibi Hatao. Or Health for All by 2000, a slogan that was popular in the 90s, but few people remember today.
Will Make in India be different? Can Modi deliver? What is he lining up to make this happen? Is it too late to emulate China’s success story in manufacturing? Economists and analysts have been pouring on the subject in recent weeks.