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      Economy: Inflation, IIP Figures and More!!!

      Monday, November 20th, 2017 Amritesh one response

      Inflation rose marginally as per the latest data released for the previous month. The spike is attributed to the rise in food and crude fuel prices. The data quashes any hope of repo rate cut when the RBI meets to discuss the monetary policy in the coming month. Introduction of GST may have some impact on the economy as Business houses are still in the initial phases of implementation. However, the decision to slash GST rates of 178 items is expected to bring down inflation in the coming months. The festive season as well as unfavorable monsoon may have also contributed to the inflationary trends. Thus, the chances of further cut in the repo rates remain remote for the time…

      Wholesale and Retail Inflation Go Reverse, Industrial Output Surges

      Tuesday, January 24th, 2017 Amritesh no responses

      WHOLESALE PRICE INDEX (WPI) Wholesale Price Index (WPI) for the month of December, 2016 rose marginally to 3.39% as compared to 3.15% in the previous month. The rise primarily fuelled by the rising Crude prices in the Global Market. The food inflation fell sharply by (-) 0.7% as compared to 1.54% in the previous month. The softness in the wholesale vegetables and pulses basket is a welcome relief for the economy. In fuel and power segment, inflation rose to 8.65% as compared to 7.07% in the previous month, it is expected to rise further as OPEC nations have decided to cut down the supply of crude. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods…

      Inflation Softens in November Due to Fall in Food Prices and Demonetization, Industry Output Down

      Thursday, December 15th, 2016 Amritesh one response

      WHOLESALE PRICE INDEX (WPI) Wholesale Price Index (WPI) for the month of November, 2016 moderated to 3.15% as compared to 3.39% in the previous month. Softening of prices is the impact of the demonetization which has slowed the down the economy to a certain extent. The moderation in food inflation also has helped in keeping the inflation rates under check. The food inflation fell sharply to 1.54% as compared to 4.34% in the previous month. The softness in the wholesale vegetables and pulses basket is a welcome relief for the economy. In fuel and power segment, inflation rose to 7.07% as compared to 6.18% in the previous month, it is expected to rise further as OPEC nations have decided to…

      Demonetization: Potential Impact on Economy and Finance

      Sunday, November 20th, 2016 Amritesh no responses

        Demonetization of larger denomination notes (i.e Rs 500, Rs 1,000 to be precise) has taken the nation by storm, it is being talked about in the every nook and corner of the nation. Some are favouring the move while others are not too pleased with it. But at the end of it all, the truth is that Rs 500 and Rs 1,000 notes are no longer the legal tender and Individuals are better off exchanging the same from the Bank branches nearest to them. Masses have been impacted by the move but then any reform is bound to affect the common people. Rural population are bound to hit hard by such a move and many may question the timing…

      Inflation Softens in October as Food Prices Go Down, Rate Cut Expected

      Friday, November 18th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEX (WPI) Wholesale Price Index (WPI) for the month of October, 2016 eased marginally to 3.39% as compared to 3.57% in the previous month. Softening of prices will provide some breathing space to the policy makers when they discuss the future policy roadmap. The moderation in food inflation has helped in keeping the inflation rates under check. The food inflation fell sharply to 4.34% as compared to 5.75% in the previous month. The softness in the wholesale vegetables and pulses basket is a welcome relief for the economy. In fuel and power segment, inflation rose by 6.18% as compared to 5.58% in the previous month, it is expected to rise further but nothing alarming atleast for now. Wholesale…

      Inflation Softens in September as Food Prices Go Down, Industry Output Still Sluggish

      Sunday, October 16th, 2016 Amritesh no responses

        WHOLESALE PRICE INDEX (WPI)   Wholesale Price Index (WPI) for the month of September, 2016 eased marginally to 3.57% as compared to 3.74% in the previous month. Softening of prices will provide some breathing space to the policy makers when they discuss the future policy roadmap. The moderation in food inflation has helped in keeping the inflation rates under check. The food inflation fell sharply to 5.75% as compared to 8.23% in the previous month. The softness in the wholesale vegetables and pulses basket is a welcome relief for the economy. In fuel and power segment, inflation rose by 5.58% as compared to 1.62% in the previous month, it is expected to rise further but nothing alarming atleast for…

      Wholesale and Retail Inflation Go Inverse, Industry Output Falls

      Saturday, September 17th, 2016 Amritesh one response

        WHOLESALE PRICE INDEX (WPI)   Wholesale Price Index (WPI) for the month of August, 2016 rose marginally to 3.74% as compared to 3.55% in the previous month. Inflation is on the rise for past five months and it is the highest recorded in last 24 months. The rise is mainly attributed to steep rise in the manufactured products. However, the moderation in food inflation has shielded against steeper rise in inflation rates. The food inflation fell sharply to 8.23% as compared to 11.82% in the previous month. The price of potato continued to rise. In fuel and power segment, inflation rose by 1.62% as compared to (-)1.0% in the previous month, it is after a quite sometime that we…

      Wholesale and Retail Inflation Rise Steeply, Industry Output Grows

      Thursday, August 18th, 2016 Amritesh no responses

        WHOLESALE PRICE INDEX (WPI)   Wholesale Price Index (WPI) for the month of July, 2016 rose steadily to 3.55% as compared to 1.62% in the previous month. Inflation is on the rise for past four months and it is the highest recorded in last 23 months. The rise is mainly attributed to steep rise in the food prices and manufactured products. However, the softer crude prices has shielded against steeper rise in inflation rates. The food inflation rose steeply to 11.82% as compared to 8.18% in the previous month, the highest in 31 months. The rise in prices of potato was significant in the previous month leading to price rise. In fuel and power segment, inflation contracted by (-)1.0%…

      Wholesale and Retail Inflation Rise, Industry Output Grows

      Friday, July 15th, 2016 Amritesh no responses

        WHOLESALE PRICE INDEX   Wholesale Price Index (WPI) for the month of June, 2016 rose steadily to 1.62% as compared to 0.79% in the previous month. Inflation is on the rise for past three months and it is the highest recorded in last 22 months. The rise is mainly attributed to steep rise in the food prices and manufactured products. However, the softer crude prices has shielded against steeper rise in inflation rates. The food inflation rose steeply to 8.18% as compared to 7.88% in the previous month. The fuel and power segment, inflation declined by (-)3.62% as compared to (-)6.14% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods…

      Brexit: Global Impact and Scope for Emerging Economies

      Saturday, June 25th, 2016 Amritesh no responses

        Brexit, a term associated with Britain’s referendum on whether to continue with European Union (EU) or part ways has been pronounced. Many had expected that Britain will vote in favor of sticking to European Union (EU) but sadly that has not happened. Global Markets reacted sharply to the news and there is a sense of uncertainty hovering around as one cannot be sure about the future implications of such a move. Pound fell to its lowest levels since 1985 and with even Euro is under pressure. Equities fell sharply as Global markets lost about $2.1 trillion in a single day trade after the verdict while interest in Precious metal like Gold and Silver rose as Investors considered it a…