The government has gone ahead and announced a comprehensive National Steel Policy (NSP) 2017 outlining its vision for steel industry in general and facilitating the steel companies in particular. While the government has been supporting the steel industry over the last one year through import quotas and minimum import price (MIP) to protect them from …
The Purchase Manager Index (PMI) for the month of June 2017 came in slightly above the 50 mark in case of the PMI Manufacturing, although it was comfortably above the 50 mark in case of PMI services. The PMI of manufacturing and Services had taken a sharp hit in the immediate aftermath of the demonetization …
The trade data for the month of April announced on May 15th presented a mixed bag for the Indian economy. While exports have growth a tad faster, the bigger worry is on the growth of imports. The trade deficit for the month has also widened very sharply and that will have a bearing on the …
Success, especially in businesses has traditionally been attributed to well-planned action. A well-thought plan and its implementation is then documented in full detail, with the intent of replicating the same model for begetting the same results. Digital, on the other hand, is a concept synonymous with innovation and change. In the digital world, technology advances …
The core sector numbers for the month of May 2017 were announced on June 30th. The core sector forms an important part of IIP calculation as under the new series it constitutes nearly 40.2% of the overall IIP composition. The core sector essentially consists of 8 core sectors that form the backbone of economic growth …
Along expected lines, the CPI inflation for the month of January 2017 came in lower at 3.17%. This compares favourably with the 3.41% CPI inflation reported in the month of December 2016. What exactly are the key takeaways from the inflation numbers? More importantly, what does that imply for the rate outlook of the RBI? …
The RB I released its Financial Stability Report (FSR) covering the key aspects of the financial stability of the financial markets in general and banking system in particular. Here are the key takeaways from the FSR report and what it means for banks in general… The RBI sees distinct risks to the global financial …
In what could be good news for the Tata Group and for the investment climate in India, Tata Sons and NTT DoCoMo of Japan have agreed to settle their long standing dispute out of court. In fact, the Tata-DoCoMo dispute had assumed larger proportions under Cyrus Mistry and the way the NTT DoCoMo case was …
It was a day of positive macro flows for the Indian economy on the inflation and the industrial growth front. Inflation came in slightly lower helped by lower food inflation. Of course, non-food inflation continues to be on the higher side but that is more due to the impact of higher oil prices post the …
There almost seems to be a negative correlation between the aggression shown by Reliance Jio and the price performance of other telecom stocks. When the free telecom offer was first launched by Reliance Jio on September 05th, listed telecom stocks like Bharti Airtel, Idea Cellular and RCOM lost nearly Rs.22,500 crore in market cap. The …
