Tag: India
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
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 […]
Climate Financing, India Holds Promise for Rest of the World
Posted: December 31, 2021 at 7:57 am | Author: Manish Marwah
India, like many of its peers in the developing world, has been facing the brunt of climate change. India estimated to have lost USD 87 billion last year due to climate events such as tropical cyclones, floods and droughts, according to the World Meteorological Organization (WMO). Worse, Indian companies could lose about USD 100 billion […]
If not arrested, Omicron could make inflation the biggest spoiler for the global economy
Posted: December 24, 2021 at 7:52 pm | Author: Manish Marwah
If the Omicron cases continue to rise over the next 3-4 months, we are staring at very difficult times. The whole idea of policy normalisation, sucking out excess liquidity to control inflation could go for a toss The world will be entering into the third year of the Covid-19 pandemic as we step into 2022 […]
As India mulls new law on cryptocurrency, investors find informed choices
Posted: November 30, 2021 at 7:21 am | Author: Manish Marwah
India’s stance from absolute ban to allowing cryptocurrency in some form is on the back of its popularity and the realisation that the country cannot remain behind the curve. India is finally ready to bite the bullet as a bill on cryptocurrency comes for discussion during the Winter Session of the Parliament. The demand to […]
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 […]
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 […]