Category: Uncategorized
External factors dominant in weakening Rupee
Posted: November 9, 2022 at 11:26 am | Author: Manish Marwah
The Indian Rupee’s performance much better than its peers from developed and emerging economies; consolidation now on cards and fall to be capped from here The Indian Rupee’s weakening run against the US Dollar is primarily because of external reasons than of its own making. The Dollar has appreciated more than 14 per cent on […]
Indian IT exports amidst global recession
Posted: November 4, 2022 at 6:00 am | Author: Manish Marwah
The global IT spending is projected to reach USD 4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner. It will be much slower than the pace of FY22 Fears of recession in the US and other developed economies are looming large. Yet, India remains the […]
Improved Tax Compliance to Boost National Growth
Posted: October 17, 2022 at 4:50 am | Author: Manish Marwah
The government has been able to increase its direct and indirect tax collections through process simplifications, awareness and plugging evasions India reported a 36 per cent jump in its gross direct tax collections at Rs 6.48 lakh crore till the first week of September over the corresponding period of the last fiscal year. It […]
Indian Economy to remain the Silver Lining
Posted: October 14, 2022 at 6:56 am | Author: Manish Marwah
The milestone of India overtaking the UK as the fifth largest economy seems to be just a teaser; the full picture is yet to unravel as greater laurels beckon. India remains the fastest growing economy in the world despite the wide spread gloom; a blip here or there must not cause worry as India poised […]
India’s first Global Gold Exchange begins its Aspiring Journey
Posted: September 11, 2022 at 8:33 am | Author: Manish Marwah
India, one of the largest consumers of gold globally, launches its first-ever international bullion exchange. This endeavour is to attract investments including those from foreign banks, besides bringing transparency to the pricing of the precious asset class. Located in Gujarat’s International Finance Tec-City, or GIFT City, the India International Bullion Exchange (IIBX) can be an […]
India Inc. deal sentiment upbeat in H1
Posted: August 29, 2022 at 6:07 am | Author: Manish Marwah
India recorded investments worth USD 34.1 billion across 714 deals, including 92 large deals worth USD 23.7 billion in PE / VC roundup in H 1 (the first half of calendar year) 2022. In terms of number of deals, it was a 37 per cent YoY (year-over-year) jump Notwithstanding the challenges emanating geo-political reasons and […]
Indian SMEs hold Promise bucking Global Trend
Posted: August 27, 2022 at 1:11 pm | Author: Manish Marwah
Small and Medium Enterprises (SMEs) are credited for putting India on the firm path of economic recovery in 2022 after a tough 2021. It also plays an important role in buffering it from global economic shocks and adversities and is expected to be the driving force for Indian economy in the years ahead.According to the […]
Agri-Tech can Catalyse Farm Sector and the Economy
Posted: August 9, 2022 at 4:33 pm | Author: Manish Marwah
It is now known widely that technology is one of the biggest enablers and is facilitating a disruption across industries. Although it has been a key disruptor in numerous sectors, it can play a pivotal role in making a significant difference to India’s agriculture sector, which remains a priority with 60 percent of its population still dependent on it. Transforming agriculture will thus be a game-changer to facilitate the transition at the bottom […]
Sovereign Green Bonds around the Corner
Posted: July 25, 2022 at 7:40 am | Author: Manish Marwah
India has pledged to be net zero by 2070 and that is a significant commitment from the country of its scale and potential. From putting a thrust on renewable energy to increasing ethanol blending to producing green hydrogen, India has embarked upon the path to achieve the feat, though the journey has just begun.In order […]
Trade Settlement in Rupee: Ingenious Indeed
Posted: July 21, 2022 at 4:23 pm | Author: Manish Marwah
The Indian central bank seems to have hit multiple birds with one stone with this one stroke – preserving Forex, stabilising INR, enhancing liquidity and attempting to increase its acceptability as a global currency The Reserve Bank of India’s (RBI) decision to allow international trade settlement in Rupee is a welcome one and has far reaching consequences in promoting the […]