Tag: India
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 […]
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 […]
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 […]
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
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
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 […]