Slip aside, India sitting pretty on its Forex Reserves

Posted: October 3, 2023 at 10:27 am | Author: Manish Marwah

At USD 590 billion, India seems to be sitting pretty on its forex reserves. The current slippage is primarily on the strengthening dollar and rising bond yields after the Fed’s commentary on a ‘higher and longer’ interest rate. Things will improve in time.      The Dollar’s rise has triggered depletion in India’s foreign exchange reserves to […]

Rising oil prices, El Nino could bring back global food inflation  

Posted: September 30, 2023 at 7:15 am | Author: Manish Marwah

Rising oil prices, appreciating US dollar and monsoon deficit in the wake of EL Nino put a formidable challenge to global economies to contain food inflationWhile the central banks across the globe have been sweating it out to bring down inflation in the aftermath of the Russia-Ukraine conflict, still the biggest challenge before them seems […]

The Global Biofuels Alliance: Well Begun is Half Done

Posted: September 18, 2023 at 6:35 am | Author: Manish Marwah

Prime Minister Narendra Modi’s initiative of the Global Biofuel Alliance is a great step towards mitigating climate change. It may also further India’s push for becoming carbon neutral nation, and also solve its growing energy needs     India’s G20 presidency was a watershed moment for the nation and its global diplomacy. India was not […]

Advantage India! Riding the AI wave

Posted: August 9, 2023 at 10:05 am | Author: Manish Marwah

Stanford University’s 6th edition of the AI Index Report (2023) ranks India as the country with highest AI skill penetration rate, followed by the USA and Germany. India along with the United States and Israel also has the highest reported relative AI skill penetration rates for women. Generative AI technologies such as OpenAI’s GPT-4 and […]

Indian Auto Industry sets off on a Purple Patch

Posted: August 7, 2023 at 6:46 am | Author: Manish Marwah

With the chip shortage saga behind, the domestic auto industry is gearing up for the long festive season ahead. The growing appetite for big cars among customers is making the industry rev up Indian car buyers seem to be gradually moving over its ‘kitna deti hai‘ yardstick, a phrase famously coined by the country’s largest […]

Indian IT industry Looks Up as Fear of Recession Subsides

Posted: July 31, 2023 at 8:44 am | Author: Manish Marwah

India’s bellwether sector, the IT industry, has displayed enough character in the face of adversity by refusing to cow down. The top companies have been showing flexibility in operation, increasing efficiencies to make up for the recent stagnancy in growth As they say, the elephant has passed and only the tail remains which means that […]

Reeling Under El Nino Impact; What lies ahead?

Posted: July 11, 2023 at 5:32 am | Author: Manish Marwah

A bad monsoon is a harbinger of financial stress in the rural parts of the country where farm income is the primary source for the people. A less than normal monsoon not just impacts the farm incomes, but has a cascading effect on businesses which serve the agriculture industry, two-wheeler sales and the overall consumption […]

Will the Black Gold Shine Anytime Soon?

Posted: April 24, 2023 at 7:17 am | Author: Manish Marwah

While disruptions in the form of Russia-Ukraine conflict led to price escalation in crude oil, China Covid-19 lockdown and the US banking crisis brought it back to ground zero. The outlook for brent and US WTI looks uncertain as the world is caught between looming recession and bouts of positive economic indicators which emerge from […]

Gold Outshines all Asset Classes

Posted: April 14, 2023 at 12:36 pm | Author: Manish Marwah

As uncertainties in geo-politics, on economic front and with inflation looming large, gold could turn out to be a saviour for investors; it has outperformed most other asset classes in FY23 and there is no reason why it is going to relent, this year as well Investors who relied on Gold over the past one […]

The US Fed dilemma, hike or not to hike interest rates?

Posted: March 29, 2023 at 11:01 am | Author: Manish Marwah

A spate of collapses in US banks have unsettled the applecart for Fed. Its war on taming inflation may hit a wall as dangers on its financial system looms The US Federal Reserve will be in a bind when its Federal Open Market Committee (FOMC) meets this month to announce its March monetary policy decisions. […]