The month of March is just about 2/3rd way through and foreign portfolio investors (FPI) have already infused close to $3 billion into Indian equities on a net basis. This is a stark departure from the trend in previous months. In fact, between October 2016 and February 2017, the fears of the negative effect of …
The Annual Economic Survey, which acts as the precursor to the Union Budget, was presented on 31st January; a day ahead of the Union Budget. The Economic Survey is important because it comes in the light of some interesting macroeconomic developments. The GDP growth, which had originally promised to beat Chinese GDP growth by over …
The GDP advance-estimates (at 7.1% for fiscal year 2016-17) put out by the Central Statistical Office (CSO) of the Government of India has virtually confirmed a slowdown in growth. This is as against 7.6% GDP growth for the financial year 2015-16. While these are just early estimates based on trends coming out in the first …
The Monetary Policy announced by the RBI on October 04th was largely dovish on expected lines. The policy was announced in the background of 3 key triggers. Firstly, the overall CPI inflation had fallen sharply in the month of August 2016 to 5.05% from a level of 6.07% in July 2016. This was largely driven by …
RBI to continue with accommodative stance The Reserve Bank of India (RBI) has kept the key policy rates unchanged in its third bi-monthly monetary policy review. Consequently, the repo rate remains at 6.5% and the CRR at 4%. An above average monsoon is likely to bring down the food inflation and consequently the CPI inflation …
The Purchase Manager Index (PMI) announced each month is a quick barometer of whether the business environment is showing signs of expansion or contraction. Ever since the demonetization process was set in motion in early November, small and large businesses have remonstrated against the negative impact on footfalls and business flows. But the PMI numbers …
The New Year address by the Honourable Prime Minister on 31st December was special in more ways than one. It was, probably, the first time that a prime minister was addressing the nation directly on the eve of a new year. It also came in the immediate aftermath of the Demonetization drive, which by initial …
The Sixth Monetary Policy for the fiscal year 2016-17 was announced by the RBI on 08th February 2017. It is essential to understand the backdrop to this policy announcement. Firstly, there is the demonetization exercise that was undertaken in the months of November and December 2016. Secondly, the RBI had already front-ended a rate cut …
The stock market is a maze, and it is very easy to lose faith in it. But if you keep your eyes and ears open only to your own research and strategies, you will be able to survive the stock market. In order to survive the stock market, an investor also needs to adopt a …
The GST Council finally announced the specific rate slabs under the GST Bill. At the lowest level of GST will be the exempt goods which will carry 0% GST and these will be the basic necessities constituting nearly 50% of the CPI basket. The next slab will be the 5% slab, which will cover items …
