Category: Uncategorized
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
Posted: September 27, 2021 at 2:34 pm | Author: Manish Marwah
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 […]
India registers a record 20.1% YoY jump in GDP estimates for Q1FY22 – is it impressive or a glass half full?
Posted: September 8, 2021 at 2:39 pm | Author: Manish Marwah
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 […]
Its raining money in Indian IPO market – Zomato listing a watershed moment; better days ahead as PayTM, LIC jump in the fray
Posted: August 4, 2021 at 6:12 am | Author: Manish Marwah
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 […]
RBI’s revised GDP growth estimates reflective of difficult road ahead for economy; employment, consumption to hold key for recovery
Posted: at 5:48 am | Author: Manish Marwah
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 […]
Gold hallmarking is a welcome step and was long overdue; move to further organise sector, benefit end consumer
Posted: at 5:34 am | Author: Manish Marwah
By allowing phase-wise implementation, exempting small jewellers and ensuring non-coercive action on failure to meet deadline, government has balanced the interests of all stakeholders. India has now made it mandatory for jewellers to sell only hallmarked jewellery, which is a significant step towards making the sector more organised. This is also a win-win situation for […]
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. […]