Owning a vehicle has become expensive with rising fuel prices, high taxes, production cost. Unless, potential buyers see value in having one, auto companies will continue to have tough times. In casual conversations with some friends and people from generation younger to me, many have said that they were not inclined to own a vehicle. […]
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 and […]
Gross bad loans on banks’ balance sheets could rise to 13.5 per cent by 30 September 2021 according to the estimates given by the Reserve Bank of India (RBI). This is against 7.5 per cent in September 2019 The Indian banking system is headed for a big shock as gross bad loans on banks’ balance […]
Some breather for crude oil as vaccine hopes soften blows; as infection cases rise, the demand recovery looks like a long road ahead The situation of oil is currently one of a seesaw, which tilts towards the side that puts more weight. Despite the gloom around the fresh wave of infections surfacing in Europe, US […]
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 the regulator’s comfort level of 6 per cent. […]
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 strong and it can be expected that […]
The Reserve Bank of India (RBI) has released its July 2020 Consumer Confidence Survey (CCS) which points to the further dipping of consumer confidence and the Current Situation Index recording to an all-time low. The report was released on the occasion of its bimonthly monetary policy announcement. The survey is based on five variables viz. […]
The Reserve Bank of India’s (RBI) decision to increase the loan-to-value ratio (LTV) for banks from an earlier 75 per cent to 90, is a music to the ears of many, especially those who have a good exposure to gold and gold related investments. The decision was made by the RBI Governor Shaktikanta Das led Monetary Policy Committee (MPC) and was announced by the Governor […]
Leading energy market analyst Dan Dicker has famously said “Oil is a lousy investment because it isn’t an investment. It’s just a bet — and it’s a bet with a ticking time bomb attached to it”. What he has said, seems quite relevant now. The global crude oil prices were already softening before Covid-19 began […]
The Coronavirus pandemic has brought drastic changes in the way, India is consuming things. People are largely buying items which are essential and consuming them frugally. There is a fear that replenishment may not be as prompt, as goods are not reaching kiranaas or retail shops with same alacrity due to production cuts and also transportation challenges. […]
