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

Economy reviving or start of downfall

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

GDP- India

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

Jewellery Hallmarking

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

Ethanol- Blended Fuel for Vehicles

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 […]


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

Semi conductor crisis hits automobile sector in India

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 […]


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

Economic recovery indicators in India

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 […]


PLI for mobile manufacturing was long overdue but is the industry ready to meet stiff targets?

Posted: November 4, 2020 at 10:25 am | Author: Manish Marwah

The growth of Smartphone manufacturers in India

India’s Production Linked Incentive (PLI) Scheme is expected to bring windfall gains for the local mobile manufacturing Industry and make India a mobile manufacturing hub. The scheme is part of the National Policy on Electronics and was notified on 1 April 2020. It aims to incentivise mobile and electronics components manufacturers who meet certain sales […]


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 […]


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 […]