The index of industrial production (IIP) for the month of April 2017 came in lower at 3.1% compared to 3.8% in the previous month. However, the big takeaway is that the IIP has finally moved into a new post-demonetization trajectory. The demonetization exercise that began in November 2016 had a lagged impact on the IIP …
The Monetary Policy announced by the RBI on 07th June maintained status quo on repo rates. This was largely along expected lines. It was already factored into most estimates that any rate cut decision would predicate on a variety of other factors like the trajectory of CPI inflation, growth traction post-remonetization, health of the banking …
The MOSPI announced the fourth quarter GDP along with the GDP for the full fiscal year 2016-17. The actual GDP numbers did come in lower than street expectations, which is probably indicative of the fact that the lag effect of demonetization and the consequent liquidity crunch is still continuing. While the quarterly GDP number for …
One of the big economic stories of the last 3 months has been the strength of the rupee. In fact, back in December 2016 when the INR had touched a low of 68.77/$, most analysts had predicted a weakening of the INR towards the 72/$ mark. Surprisingly, the rupee strengthened and has gained sharply closer …
The 5th Monetary Policy for the financial year 2016-17 was announced by the RBI on December 07th after 2 days of deliberations by the Monetary Policy Committee (MPC). It is necessary to understand the background to the policy to appreciate the key announcements in a better perspective. Firstly, there is the demonetization exercise whose full …
Transcript : This union budget 2016-17 People shared their expectations with us Speak up. Be Heard. Question: Should the tax exemption limit be raised? Answers: – Yes it should be raised, considering the expenditure. – To me, yes. Tax is taken by the government, he might not have a disposable income at hand. – I …
Transcript : The power of compounding what it means Aashish a young professional and his father an avid trader with Angel One are talking when are she asked what the power of compounding is all about his father explains through the power of compounding a small amount of money can grow into a substantial sum …
The February Trade data points at some distinct positives. Firstly, the Exports have shown a sharp growth in the month of February 2017 and are growing at its fastest clip in the last few months. A large part of this growth has been driven by sectors that were specifically identified for an export push. That …
