As crude prices may move unabated; alert for average household, governments intervention warranted

As crude prices may move unabated; alert for average household, governments intervention warranted

The near–term outlook remains strong and prices may touch USD 100 a barrel; some intervention from government could help ease burdens on the Indian households Crude oil prices are at a multi-year high and the near-term outlook does not inspire much confidence among the common households. The prices are expected to touch levels between USD 95 and USD 100. This […]

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PLI for mobile manufacturing was long overdue but is the industry ready to meet stiff targets?

PLI for mobile manufacturing was long overdue but is the industry ready to meet stiff targets?

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 […]

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Relief package likely to unleash animal spirit in the Indian telecom sector – but industry needs to have a consensus on tariff issues

Relief package likely to unleash animal spirit in the Indian telecom sector – but industry needs to have a consensus on tariff issues

Government’s announcements of 9 structural and 5 process reforms to remove bottlenecks of the industry; while industry will gain, customers likely to be biggest beneficiaries. Government’s much needed relief package for the telecom sector is being hailed as a major reform and is expected to revive the sector. It was long overdue especially at a time […]

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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

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

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 phase out old […]

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

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

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 […]

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Its raining money in Indian IPO market – Zomato listing a watershed moment; better days ahead as PayTM, LIC jump in the fray

Its raining money in Indian IPO market – Zomato listing a watershed moment; better days ahead as PayTM, LIC jump in the fray

Success of Zomato’s IPO indicates a paradigm shift which will usher an era of the new age investors and entrepreneurs. It will give opportunities to the founders with not so deep pockets to scale and flourish India’s largest food delivery service Zomato made a stellar debut on the stock exchanges BSE and NSE on 23 […]

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

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

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 […]

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