Category: Uncategorized
RBI’s revised GDP growth estimates reflective of difficult road ahead for economy; employment, consumption to hold key for recovery
Posted: August 4, 2021 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. […]
Economic recovery is a long road ahead; don’t get swayed by stock market boom, recent growth indicators
Posted: January 22, 2021 at 5:47 am | Author: Manish Marwah
From the record June Quarter lows to real GDP projections for Q3 quarter and onwards, it may appear that we have come some way, we are still quite far from any reasonable recovery India’s Economic Indicators have been encouraging, with the stock market booming over the last 6 months. Are these signs of recovery […]
RBI’s latest Financial Stability Report suggests further shocks for banking sector; risks to domestic financial stability staring banks
Posted: January 21, 2021 at 12:39 pm | Author: Manish Marwah
Gross bad loans on banks’ balance sheets could rise to 13.5 per cent by 30 September 2021 according to the estimates given by the Reserve Bank of India (RBI). This is against 7.5 per cent in September 2019 The Indian banking system is headed for a big shock as gross bad loans on banks’ balance […]
Oil to trade in a narrow range as demand unlikely to pick-up significantly anytime soon
Posted: December 10, 2020 at 11:57 am | Author: Manish Marwah
Some breather for crude oil as vaccine hopes soften blows; as infection cases rise, the demand recovery looks like a long road ahead The situation of oil is currently one of a seesaw, which tilts towards the side that puts more weight. Despite the gloom around the fresh wave of infections surfacing in Europe, US […]