Tag: economy
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 […]
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 […]
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 […]
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 […]
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
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 […]
Coronavirus outbreak poses a great danger for the global economy
Posted: February 29, 2020 at 4:29 pm | Author: Manish Marwah
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 striving to become a gas-based economy and rightly so
Posted: February 14, 2020 at 12:30 pm | Author: Manish Marwah
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. […]
India’s growth recovery unlikely without kicking Consumption
Posted: December 23, 2019 at 7:43 am | Author: Manish Marwah
India’s slowdown story is for real and the worst part is that it has still not bottomed-out and could take another couple of quarters. Even the recovery would take a year as is being widely said by many economists. Much of it can be attributed to the falling consumption across the spectrum, be it private […]
Connecting dots – Structural reforms, taxation, market disruptions and economic slowdown in India
Posted: August 8, 2019 at 9:19 am | Author: Manish Marwah
Auto sales data of last few quarters and latest results of many consumer companies suggest that consumption growth is slowing down in India. With private investment growth not picking up for long, the burden of growth is now on government spending and exports. With government capital expenditure set to contract marginally in FY20 and slowdown […]
DIGITISATION AND ITS IMPACT ON ECONOMY AND SECTORS
Posted: October 4, 2016 at 1:58 pm | Author: Manish Marwah
Imagine an India, where a villager directly tweets”Applied for visa but official asking for bribe.” to Ministry of External Affairs, or “No power supply in the village during the last 24 hours, please send officials for inspection.” to Ministry of Power, or “Unemployed despite high qualification” to Ministry of Labour & Employment and gets a […]