India’s Textile Sector set to become Revitalized & Competitive

Posted: March 23, 2022 at 3:08 am | Author: Manish Marwah

The government’s aim to encourage the ‘Make in India’ scheme received yet another boost late last year when the Production Linked Incentive (PLI) Scheme was announced for the textile industry. Currently, the total contribution of India’s textile and apparel industry is less than 5 per cent of its GDP even as it provides employment to almost 100 million people, both directly and indirectly. The PLI scheme is to bring growth in production of manmade fibres and technical textiles for […]


Gold Glitters despite Russia-Ukraine Tussle and US Fed Interest Hike

Posted: March 16, 2022 at 2:22 pm | Author: Manish Marwah

Gold Prices surges during global crisis

Fears that gold price could see a sharp downturn in the aftermath of aggressive interest rate hikes by US central bank loomed until Russia-Ukraine conflict emerged as a face saver Gold remains on tenterhooks ahead of the US Federal Reserve’s scheduled meeting on 16 th of March where the central bank is expected to announce […]


Russia-Ukraine Crisis Might Upset Oil Prices and Fiscal Deficit

Posted: March 8, 2022 at 5:05 pm | Author: Manish Marwah

A 10 per cent rise in crude oil prices could lower India’s GDP growth by 0.2 percentage points; on the retail inflation front, the impact is between 0.5 and 0.6 per cent.  The ongoing Russia-Ukraine conflict is already having its impact on the global energy supply and prices. Brent Crude hit USD 105 on very first day of the clashes. This […]


Incentives Can Help India Become A Green Hydrogen Export Hub

Posted: March 2, 2022 at 8:17 am | Author: Manish Marwah

Hydrogen Energy Hub

Green hydrogen, produced from water and clean electricity, is crucial for the world’s emissions reduction goals. India should make an earnest effort and be a first mover in the future of energy. It lost out to other countries in manufacturing, especially to China. No such mistake should be repeated as too many jobs will be […]


RBI Status Quo on Policy Rates Looks Bold and Growth-focused

Posted: February 17, 2022 at 3:52 pm | Author: Manish Marwah

The Indian central bank resisted the temptation to alter its stance and go ahead with changes in policy rates; the move was unlike many of its peers in other economies The Reserve Bank of India’s (RBI) February Monetary Policy is a bold statement where the central bank has chosen to stay with growth instead of worrying too much about the […]


Tax on Crypto Currencies clears the Uncertainty among Investors

Posted: February 10, 2022 at 9:25 am | Author: Manish Marwah

Government sees it as a potential revenue source and hence the decision is to tax profits in budget speech even in the absense of a law on it     Union Budget 2022-23 is being dubbed as a budget for growth. It came without much fanfare and noises and was one surely without screaming headlines. While, expectations of […]


What’s in Store for Indian Markets from US Fed Tapering and Rate Hike?

Posted: January 28, 2022 at 3:52 pm | Author: Manish Marwah

Budget 2022 by Manish Marwah

India has been one of the biggest beneficiaries of FII money over the past one and half years. Rate hikes could trigger an outflow for greener pastures. After having a dream run over the past one and half years, markets across the world are now showing signs of nervousness. While the US Federal Reserve had […]


Expanding Credit Bureau Access will Ease Borrowing

Posted: January 25, 2022 at 3:06 pm | Author: Manish Marwah

Lending and Borrowing in India

“Credit is a necessary and probably most important ingredient for economic growth”, a former deputy governor of RBI had said, estimating that the multiplier effect of credit on nominal gross domestic product growth is 1.6 times. This reflects the vitality of ensuring a sound and consistent growth of the lending in a country. In what […]


Expectations Galore as Countdown begins for Union Budget 2022

Posted: January 18, 2022 at 3:48 am | Author: Manish Marwah

Annual budget, which is the biggest economic event of the country, will be keenly watched this time too; wish list is ready from industry to salaried class If the last year’s budget is any reference point of the government’s intention, then we could expect a growth oriented budget this time too. But the government is also likely to […]


Not the Right Time to Tighten Interest Rates

Posted: January 13, 2022 at 3:19 am | Author: Manish Marwah

Unlike its global peers rushing in to end the easy monetary policy, the Reserve Bank of India (RBI) may not be inclined to raise interest rates to stem inflationary pressures just when the nascent economic recovery is under threat from the Omicron variant of Coronavirus. Both the government (whose aim is to boost growth) and […]