Tag: Inside story
India’s first Global Gold Exchange begins its Aspiring Journey
Posted: September 11, 2022 at 8:33 am | Author: Manish Marwah
India, one of the largest consumers of gold globally, launches its first-ever international bullion exchange. This endeavour is to attract investments including those from foreign banks, besides bringing transparency to the pricing of the precious asset class. Located in Gujarat’s International Finance Tec-City, or GIFT City, the India International Bullion Exchange (IIBX) can be an […]
India Inc. deal sentiment upbeat in H1
Posted: August 29, 2022 at 6:07 am | Author: Manish Marwah
India recorded investments worth USD 34.1 billion across 714 deals, including 92 large deals worth USD 23.7 billion in PE / VC roundup in H 1 (the first half of calendar year) 2022. In terms of number of deals, it was a 37 per cent YoY (year-over-year) jump Notwithstanding the challenges emanating geo-political reasons and […]
Indian SMEs hold Promise bucking Global Trend
Posted: August 27, 2022 at 1:11 pm | Author: Manish Marwah
Small and Medium Enterprises (SMEs) are credited for putting India on the firm path of economic recovery in 2022 after a tough 2021. It also plays an important role in buffering it from global economic shocks and adversities and is expected to be the driving force for Indian economy in the years ahead.According to the […]
Energy Transition augurs well for Economy and the Planet
Posted: July 3, 2022 at 9:07 am | Author: Manish Marwah
‘India is pioneering a new model of economic development that could avoid the carbon-intensive approaches that many countries have pursued in the past – and provide a blueprint for other developing economies,’ said Dr. Fatih Barol, Executive Director, International Energy Agency earlier in 2022. India is already the third-largest electricity consumer globally and also the […]
Industry 4.0: Can this be India’s Watershed Moment?
Posted: June 13, 2022 at 3:38 pm | Author: Manish Marwah
Traditional manufacturing and service-oriented industries are being disrupted in a manner which is unparallel in history. The fourth industrial revolution is driven by technologies such as artificial intelligence, autonomous robots, simulation, big data and analytics, augmented reality, the cloud, cyber-security, additive manufacturing, horizontal and vertical integration and the Internet of Things. The Fourth Industrial Revolution, […]
India’s Textile Sector set to become Revitalized & Competitive
Posted: March 23, 2022 at 3:08 am | Author: Manish Marwah
The government’s aim to encourage the ‘Make in India’ scheme received yet another boost late last year when the Production Linked Incentive (PLI) Scheme was announced for the textile industry. Currently, the total contribution of India’s textile and apparel industry is less than 5 per cent of its GDP even as it provides employment to almost 100 million people, both directly and indirectly. The PLI scheme is to bring growth in production of manmade fibres and technical textiles for […]
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 […]
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 […]
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 […]
Telecom companies on course correction with tariff hike
Posted: December 6, 2019 at 11:17 am | Author: Manish Marwah
The Indian telecom companies are on a course correction as they finally decide to raise tariffs. It was Vodafone-Idea which first decided to bite the bullet and announced that the joint venture company would raise tariffs on its mobile services from the first week of December. It was followed by Bharti Airtel and later market […]