|| SHANIWAR SAMWAD || 15-10-2022

 Inflation figures for the month of sep2022 released along with IIP, PMI, and others. The expectation of another round of rate hikes is imminent in the next few months.

The world bank, IMF, and rating agencies have reduced the growth forecast for the present and next FY

The festival sales figures are also coming with at least a 15-20% increase to last year, the festival season is still going on. So the figures will be even higher than it and last year's. The overall balance sheet of our big corporates are in the best condition with debt level is least. Almost major companies have clean balance sheets and capacity utilization is around 70-75% of stalled capacity.

The recent praise of the IMF & World Bank for our reforms and digital economy. The pandemic has proven our intent and execution for different programs. The recent hike of rates by global central banks is only increasing the uncertainty, the fiscal expansion during the pandemic is creating problems and it will not be resolved soon.

Now, The US administration is accepting the recession be it mild or strong as per their assessment.

With this, geopolitics is playing its role.

The moves by the US and EU to curb Russia on all platforms in recent times, now they want to limit their income from crude oil and natural gas. But it will ruin their economy more than Russia or any other country.

The discount for crude is the best trade deal we did with Russia than other countries with whom we are purchasing crude. As it is on delivery basis.

The production-linked incentive has started showing its impact with Apple producing and exporting its product around the world along with other companies in the different sectors which are covered under the PLI scheme. Next in the PLI scheme is the Fab and display unit which will not only relieve us from the import of these items but will be earning for us by export.

The ecosystem for our industry for self-reliance is in making and will deliver us in immediate future.

The present fluid situation is presenting another opportunity to be explored and march ahead.

The situation will change and we will emerge stronger than past.

Location: India

Comments

Post a Comment

Popular posts from this blog

FINANCIAL PLANNING REVISITED

Nowadays we are going through a lot of news negative & positive in the market on various aspects with different views. But surely for any individual, it is not that much easier. Life has changed for everyone on the planet, not just a few. It's a new beginning for each & every one. Whether he is just a college pass-out or a retired person. As no one was prepared for it. Everyone has done his or her financial planning priors to this tragedy which is good in that scenario. But a situation like this has forced everyone to revisit his or her financial planning. We Indians have a mindset to follow the same path which we saw others following. Now one or two income source is not going to work. As to get old days required will be at least 2 to 3 years. This means we have to prepare for not only pay cuts for a long time but also job or business loss. Till now we planned for following - Child Education - Child Marriage - Retirement - Home & Car - Vacation -
Read more

|| SHANIWAR SAMWAD || 22-10-2022

 Best wishes for "DIWALI". It is the first Diwali post-pandemic that is free from all issues. The annual sales which are based on the present sales figures festival season and projections for next year are dependent on it. The season has other reasons to make things exciting the report in various forums during the same period is also in the public domain. The one of most controversial is the hunger index on which lots of things have been said either in support or opposed to it. Another one is about the pensioner index which is an important one. We are going to see what the hunger index says in the context of our country. The report is based on the gallop report which is known for its business-related research papers. The comprehensive analysis is done by Dr. Vivek Debroy, the chairman of PM EAC, which gives details of the report rejection. One thing, which was raised by analysis is that we have our statics department which works in old fashioned and our reports on different s
Read more

|| SHANIWAR SAMWAD || 11-12-2021

 One small piece of news was printed on daily that the gender ratio of our country has changed from more male to more female per thousand. Means 1000:1020, i.e. for every one thousand males there is one thousand and twenty female. It is a very important development in independent India. The latest census which is underway showed the benefit of the campaign which was run by the government and the society together to save the girl child. But the malnutrition and other health issues are still a major cause of concern. Recently we were part of one discussion, namely the financial literacy amongst the female in our country. Generally, it is seen that women are not part of decisions or rather discussions of financial matters. The average financial literacy of women is less than that of means they do not take part in the discussion or they are not interested in the altogether. Our own experience shows the above-said statement is true. As the campaign which the government ran with the help of
Read more