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      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…

      Wholesale and Retail Inflation Rise, while Industry Output Falls

      Wednesday, June 15th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of May, 2016 continued to rise, gaining 0.79% as compared to 0.34% in the previous month. Inflation is on the rise for past two 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 7.88% as compared to 4.23% in the previous month. The fuel and power segment, inflation declined by (-)6.14% as compared to (-)4.83% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods imported and used as inputs. The main reason behind the WPI witnessing…

      Wholesale Inflation In Positive for First Time in 18 Months

      Tuesday, May 17th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEX (WPI)Wholesale Price Index (WPI) for the month of April, 2016 has bucked the negative trend for the first time in the recent past, as it gained 0.34% as compared to (-)0.85% in the previous month. Inflation is in the positive after 18 months. The rise is mainly attributed to rise in the food prices and manufactured products. However, the softening of crude prices has shielded against steeper rise in inflation rates. The food inflation rose marginally to 4.23% as compared to 3.73% in the previous month. The fuel and power segment, inflation declined by (-)4.83% as compared to (-)8.3% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods…

      Inflation Drops while Industry Output Grows….!!!!!!

      Monday, April 18th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of March, 2016 continued with the deflationary trend, with a marginal drop to (-)0.85% as compared to (-)0.91% in the previous month. Inflation has stayed negative consecutively for the past 17 months. This is the leanest period observed since the WPI Index was launched in 2005. The fall in WPI inflation is mainly contributed due to slide in Crude Prices which ensured that wholesale inflation remained negative. The food inflation rose marginally to 3.73% as compared to 3.35% in the previous month. The fuel and power segment, inflation declined by (-)8.3% as compared to (-)6.4% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers on…

      Retail Inflation In Check, Industry Output Contracts, RBI Rate Cut On The Cards

      Tuesday, March 15th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of February, 2016 continued with the deflationary trend, as inflation eased marginally to (-)0.91% as compared to (-)0.90% in the previous month. Inflation has stayed negative consecutively for the past 16 months. This is the leanest period observed since the WPI Index was launched in 2005. The fall in WPI inflation is mainly contributed due to slide in Crude and Food Prices which ensured that wholesale inflation remained negative. The food inflation dropped to 3.35% as compared to 6.02% in the previous month. The fuel and power segment, inflation declined by (-)6.4% as compared to (-)9.20% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers…

      BUDGET 2016: Personal Finance Perspective

      Sunday, March 13th, 2016 Amritesh no responses

      Budget 2016 was an attempt to address the concerns of Individuals involved in the Agriculture Sector as well as ensure that Infrastructure Developments are on the right track which is very encouraging. The stance on Fiscal Consolidation is also commendable considering that 7thPay Commission is bound to put additional burden on the Government. However, the Budget did not bring much cheer to the Middle and Salaried class who in my opinion are already burdened by various direct and indirect taxes. The Government has chosen to tax the existing tax payers instead of widening the tax base, and in my opinion even the Super Rich Farmers should be brought under the purview of tax, while incentive and benefits should be extended…

      Budget 2016-17: Highlights

      Tuesday, March 1st, 2016 Amritesh no responses

      The Budget for 2016-17 was presented yesterday and to the disappointment of the Salaried class there has been no revision in the existing Tax Slab nor any hike in the tax deduction available various Section. Moreover, the biggest shocker for over 5 crore EPF account holders was the announcement that now major chunk of the retirement corpus is taxable. Even Superannuation Funds (Retirement Funds like National Pension Scheme) will have tax implication at the time of maturity/withdrawal.The Budget aimed at addressing the needs of the poor, people involved with the agriculture sector and development of the rural areas was very encouraging.  The notable disappointment was that the middle class hardly had anything to cheer, on contrary the announcement to tax…

      WPI Slides, CPI touches New High, Factory Output Remains Down

      Monday, February 15th, 2016 Amritesh no responses

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of January, 2016 continues with the deflationary trend, as inflation stood at (-)0.90% as compared to (-)0.73% in the previous month. Inflation has stayed negative consecutively for the past 15 months. This is the leanest period observed since the WPI Index was launched in 2005. The fall in WPI inflation is mainly contributed due to slide in Crude Prices which ensured that wholesale inflation remained negative. The food inflation rose to 6.02% as compared to 8.17% in the previous month. The fuel and power segment, inflation declined by (-)9.20% as compared to (-)9.15% in the previous month. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods…

      WPI Deflation Eases, CPI on the High, Factory Output Declines

      Friday, January 15th, 2016 Amritesh 2 responses

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of December, 2015 has shown signs of deflationary trend easing, as inflation rose to (-)0.73% as compared to (-)1.99% in the previous month. Inflation has stayed negative consecutively for the past 14 months. This is the leanest period observed since the WPI Index was launched in 2005. The nominal rise in WPI inflation is mainly contributed to rise in Food Inflation although the falling Crude Prices have helped to keep the wholesale inflation in negative. The food inflation rose steeply to 8.17% as compared to 5.20% in the previous month. The fuel and power segment, inflation declined by (-)9.15% as compared to (-)11.09% in the previous month. Wholesale Inflation takes into…

      WPI Slide Arrested, Industrial Output At 5 year High

      Tuesday, December 15th, 2015 Amritesh one response

      WHOLESALE PRICE INDEXWholesale Price Index (WPI) for the month of November, 2015 has shown pressure of the rising food prices as it stood at (-)1.99% as compared to (-)3.81% in the previous month. Inflation has stayed negative consecutively for the past 13 months. The WPI figure is mainly contributed due to rise in Food Inflation although the falling Crude Prices have helped to keep the inflation in check. The food inflation rose steeply to 5.20% as compared to 2.44% in the previous month. This is the leanest period observed since the WPI Index was launched in 2005. The fuel and power segment, inflation declined by (-)11.09% as compared to (-)16.32% in the previous month. Wholesale Inflation takes into account the…