NEW NORMAL

 A few months back government declared an asset monetization program along with others. Just a few days back one column in the daily newspaper saw that the Airport Authority of India, send a list of airports for privatization. Yesterday only NHAI had listed its road asset in the form of InvIT, in the exchange. The interested party includes the Sovern wealth fund and many marquee names in the world for the same. The number of Unicorn is the highest in the world, the count is going on. The listing of corporates is increasing year on year basis. The business confidence is high, which is reflected in corporate earnings and sales figures. The micro and macro indicators are in positive territory. This year we can expect reasonable success in the disinvestment front as Air India's disinvestment has entered in final stages. There is also serious discussion on the Bank privatization front, which will pave way for future disinvestment. The amount lent by Banks and NBFC is increasing and in s...

 First our sincere regret for missing the blog last week. The action and its impact are getting visible now. The RBI monitory policy came last week which kept all rates as it is. The growth is getting more important than inflation, actually, even after a record high energy price, the inflation of both WPI & CPI is under comfortable level.  Strangely, the cost of energy is increasing but the same is not reflected in inflation. The Sensex and Nifty both are increasing without any major correction in recent times. The pricing is high right now, both are given huge discounts to corporate earning at present. The earning of corporates are increasing as businesses increase. The recent news of Chinese corporates getting bankrupt is being discounted by the market so the third wave of covid19 pandemic. The supply chain disruption caused by different reasons in China is getting clear and another source addition is getting high priority. The present situation has been exploited by eve...

 Lots of economical activity is going around us at a pace which we are now becoming used to. Just some time back we wrote the effect of the complete financial year which we will witness.  Now we have come to halfway mark of the current financial year, if we see the market both financial as well as non-financial, there is a or lots of things are happening as per their plan or making them respond as per the new situation. As per media reports the quantum of money raised, of tobe raised in the present quarter will be more than the amount raised in last financial years. The amount taken by businesses in the form of credit from financial institutions is more than the amount raised last year. The numbers for different segments are increasing. The total impact of the make in India initiative and PLI is showing its utility.  The greenfield and brownfield expansion by companies are increasing, showing the confidence of the economy or its resilience. This time we are witnessing a m...

 Today is October 2, the birth anniversary of our Father of the Nation Mahatma Gandhi and our former Prime Minister Shri Lal Bahadur Shastri Ji, if we talk about the contribution of both of them in the history of India, then the contribution is very high, you all know about this subject.  Today the topic we will talk about, will not be on the village and city cleanliness campaign but the system cleanliness campaign, today we will talk about the cleanliness done by the government and the transparency in our system. Now, we are becoming used to, drastic changes in laws or abolishment of a certain law or its provision. The net-net result we are preparing ourselves for all this. Just sometime back we had chat with a few people working in Delhi's market, which used to do the transactions in cash for all its lifetime till GST arrived. Now they are saying that the system put by the government is compelling them to adopt the new regulation or close the shop.  The net tax collecti...

From this week, we are changing the way we expressed our views on different topics in our blog. Now under the New Normal Series week starting the Samvad /Dialog with you on issues that are happening around us, which have some or major impact on us. Starting with a covid-19 pandemic, our overall experience is totally different than the rest of the world, in both waves, our lacunae in the system got exposed with an opportunity to repair and we are started work on it. It not only made us discipline our routing but also the enhanced confidence, started to work as a team just a few days ago we have completed vaccination of single-dose to some 79 crore citizen, the major boost up is that all it is Indian manufactured doses. The seriousness of citizens is notable for health consciousness. The confidence booster all of us. The recent SERO survey conducted by Govt. shows the majority of children in the age bracket of 12-18 years Have developed antibodies the chances of the third wave in there b...

 In the last few days we are seeing, there is a flurry of activity both in parliament and the market respectively. If we see the number of bills cleared by both houses and money raised by the organization is an eye-opener. If we see the list of bills it is wide-ranging from social impact to impact on the economy. The companies raising the  money  are in different sector

 Onset monsoon is on full throttle, so the economic activity. This is a busy season for all of us. The festival season has been started, the different parts of the country celebrating the different festivals. The demand from the market is increasing. The economic activity is rebounding with vigor, the monitory policy of the RBI is expansionary( Accommodating inflation as a concern) but keeping rates as per expectation. The indicators of the economy are in green. Though the retail inflation is not up to mark, but not out of the comfort zone of the RBI and government. We had discussed the pace of decision of government some times ago, the results are coming with ever-increasing the size of the economy. The latest figures from the government suggest that the ruler employment demand in the MNREGA scheme is decreasing so the migrants are returning to their jobs place, which will increase the remittance. As major economic activity is dependent on these remittances from the urban areas, t...