Tag: India
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
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
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 plans to roll out INR one trillion for infrastructure development looks too ambitious
Posted: February 18, 2020 at 9:27 am | Author: Manish Marwah
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
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 […]
Without structural reforms back home, India to remain on back foot in RCEP like negotiations
Posted: December 6, 2019 at 11:49 am | Author: Manish Marwah
India walked out of the recently concluded Regional Comprehensive Economic Partnership (RCEP) citing unfavourable terms that would harm the domestic industries. While its concerns cannot be wished-away, especially at a time when the economy is in a perilous state and small business are already in the red, the country itself needs to do better by […]
Will New India Budget Make It Easy for BJP in 2019?
Posted: April 6, 2018 at 6:55 am | Author: Manish Marwah
Much will depend on implementation Will the Budget 2018-19 be able to help Prime Minister Narendra Modi get another term at the Centre. Well, it can. Yet, how easy or hard it will be? Unlike previous governments, the latest budget has shunned populism, which, though wise, is not always appreciated by a section of the […]
The Start-up ecosystem in India
Posted: December 15, 2017 at 8:56 am | Author: Manish Marwah
In India, small entrepreneurs create more jobs, which is evident from the fact that only 1.37% of a total of 5.85 crore establishments employed 10 or more workers. However, most of the start-ups fail to survive more than two years due to various disadvantages, including lack of hand-holding, knowledge and funding support. Yet, a few […]
Will 2017-18 be a watershed year for CPSE disinvestment?
Posted: April 18, 2017 at 11:52 am | Author: Manish Marwah
Privatization came to a grinding halt after the Congress party-led government came to power at the Centre in 2004. The then Manmohan Singh government lacked courage to bite the bullet on restructuring central public sector enterprise (CPSEs) in a rapidly evolving global economic environment. A cursory look at the 235 operating CPSEs would prompt one […]