NEW NORMAL

 A few days back we received a call from our customer that he wants to withdraw his investment, as the market will not perform as per his expectations. Another wants to invest as per our suggestions to get his return as per his needs in the near to long-term time. But one thing is sure, that each one wants to have returned. In our past blogs as well as SHANIWAR TALK, we have discussed the myth or fancy for return. Now the second wave of Corona has created havoc in the mind of everyone. Usual labor started to move their native place for safety. No one has exact information about the things which are going on. Coming back to our topic, the time which is right now is to preserve the liquidity. It doesn't mean stopping the savings and investment altogether. This time whatever decision we had taken in the past has to be kept for the future. It's not a review time  It's preservation time. Taking losses right now is not advisable. Though the returns are not good, in protection we

 Yesterday we got the news that Maharashtra Government had stopped commercial activity barring essential ones till 30/4/2021. Many states have imposed night curfew. On the Vaccine front, very few people are going or taking it seriously. If we see the impact, almost all commercial establishments have imposed restrictions on the movements of employees. What is the way forward, imposing restrictions is not going to solve the issues which we are facing today? Already the market has given a response to the situation by falling from its peak. The situation is fluid and no one has correct knowledge on the same. The economic loss is measured but not the confidence loss. People are losing their faith. As a lot, many have to take decisions as per market conditions post lockdown. Things will get worse if not cleared by Central Government. As no response from the center makes the situation more difficult. To avoid this we have to follow the Corona guidelines given by the government. As actual symp

 The latest figures of RBI and IMF  for GDP growth have a similarity. Both are showing 10% plus growth. The majority of indicators are in positive territory. One figure was given negative shade is PMI  is near 55, which is less in last six months. Now thinking and body language of everyone have changed. The fiscal deficit is not a cause of worry. Swift's decision on crude import diversification has its effect which will show results in near future. PLI schemes which are in totality 13, 9 have been notified. Its effect is already visible on the ground with more and more companies are applying for it and trying to take advantage of it. In the next five years, we will be a major partner in the supply chain. Employment generation will start due to this. The second wave of covid19 is just showing its effect but everyone is confident that they will overcome the challenges posed by it. There are many places where partial lockdown has been imposed but life is coming to normal with confiden

 Just a few days back financial year 2020-21, ended with all positive notes. If we see the last FY then we realize that though the year was started with a pandemic, uncertainty, and other issues including legacy, the challenges were enormous. But in the end, we saw all positive with renewed zeal to excel. Now if we see a few key indicators then we understand the overall picture. WPI & CPI  were under control for the majority of the time. (comfort zone of RBI) E-way generated in record numbers GST collection  PMI INDEX for the whole unlocked period was more than 52. Government borrowing as per their plan no overshoot. Infrastructure particularly railways had done a good job, like new line addition, doubling, gauge conversion, and electrification of the line. Road and ports are over and above mandate. Though there are challenges that remain in the economic roadmap for the future are there. Today if we see them in totality our economy will not only perform very well but will support g