RBI decision to target growth instead of focussing too heavily on inflation control, a welcome departure from its stance

Posted: October 30, 2020 at 8:39 am | Author: Manish Marwah

Update on Indian Economy RBI

  The Monetary Policy announcements last week by the Reserve Bank of India (RBI) Governor Shaktikanta Das were bold in ways that the banking regulator this time decided to target growth instead of focussing too much on inflation control. The CPI inflation continues to remain high (at 7.34 per cent in September) – significantly above […]

Some green shoots emerge in September with higher PMI, GST and auto sales numbers; recovery still looks patch amid headwinds

Posted: October 9, 2020 at 11:34 am | Author: Manish Marwah

Some Positivity in the market post improvement in PMI and GST collection in India

Unlock 5.0 guidelines have been released by the government with further relaxations that are likely to increase the economic activity. This comes at an opportune time as a number of data points give encouraging signals. Are these green shoots leading to a recovery path or we are reading too much into it? The headwinds are […]

Covid-19 fires a fresh salvo on the consumer confidence, reveals July RBI survey; Yes! we should be worried

Posted: August 27, 2020 at 6:10 am | Author: Manish Marwah

Consumer confidence in the market with India

The Reserve Bank of India (RBI) has released its July 2020 Consumer Confidence Survey (CCS) which points to the further dipping of consumer confidence and the Current Situation Index recording to an all-time low. The report was released on the occasion of its bimonthly monetary policy announcement. The survey is based on five variables viz. […]

Central Bank increases Loan to Value ratio, Gold gets more power, Banks emerge winner

Posted: August 10, 2020 at 4:55 pm | Author: Manish Marwah

Central Reserve Bank Gold Loan and Banking Policy

The Reserve Bank of India’s (RBI) decision to increase the loan-to-value ratio (LTV) for banks from an earlier 75 per cent to 90, is a music to the ears of many, especially those who have  a good exposure to gold and gold related investments. The decision was made by the RBI Governor Shaktikanta Das led […]

Oil in crisis and its recovery a long road ahead!

Posted: May 9, 2020 at 10:09 am | Author: Manish Marwah

Leading energy market analyst Dan Dicker has famously said “Oil is a lousy investment because it isn’t an investment. It’s just a bet — and it’s a bet with a ticking time bomb attached to it”. What he has said, seems quite relevant now. The global crude oil prices were already softening before Covid-19 began […]

In post Covid-19 world, India’s consumption looks even bleaker than pre-covid times

Posted: at 2:07 am | Author: Manish Marwah

Consumer Confidence during Corona Pandemic

The Coronavirus pandemic has brought drastic changes in the way, India is consuming things. People are largely buying items which are essential and consuming them frugally. There is a fear that replenishment may not be as prompt, as goods are not reaching kiranaas or retail shops with same alacrity due to production cuts and also […]

Coronavirus outbreak poses a great danger for the global economy

Posted: February 29, 2020 at 4:29 pm | Author: Manish Marwah

Corona virus epidemic

Now a global health emergency, as declared by the World Health Organisation (WHO), the coronavirus (COVID-19) outbreak will have a cascading impact on the Global GDP. A report by Dun & Bradstreet, estimates a hit of around 1 percentage point if the problem is not completely arrested by June, this year. Reports suggest that despite […]

India plans to roll out INR one trillion for infrastructure development looks too ambitious

Posted: February 18, 2020 at 9:27 am | Author: Manish Marwah

Infrastructure in India

Indian government has unveiled its plans to invest Rs 102 lakh crore in the next five years to give the country a much needed infrastructure push. Though the move is in line with its goal to make India a USD 5 trillion economy, it looks too ambitious and also laden with challenges. The plan was […]

India striving to become a gas-based economy and rightly so

Posted: February 14, 2020 at 12:30 pm | Author: Manish Marwah

LNG sector update in India

India is striving to become a gas-based economy and has been working aggressively to reach there.Its consumption of gas at 6% as of 2018 for its energy needs, is far below the global average of 22% in 2017. Only Gujarat betters the global average consumption of gas, accounting for 23% of its overall energy requirements. […]

Small businesses facing financial crunch as banks become wary of lending

Posted: January 29, 2020 at 10:06 am | Author: Manish Marwah

Present status of NBFC in India

Small businesses are facing financial crunch as banks and non-banking financial companies are becoming wary of lending to them amid slowing consumption, weak economy and likelihood of rising bad loans. According to a data released by the Reserve Bank of India (RBI), gross loans extended to the medium, small and micro enterprises (MSME) fell 3.43% […]