Five Year Low: WPI Inflation shrinks to 3.74%

Monday, September 15th, 2014 Amritesh no responses

Wholesale Price Index (WPI) for the month of August shrunk to 3.74% against 5.19% in July. It is the lowest since October,2009 when WPI stood at 1.8%. Stable rupee and lower commodity price in the global market has led to the decline as per the Economist. The food price index, fuel and power price index contracted to 5.15% and 4.54% in the month of August. Wholesale Inflation takes into account the prices paid by the manufacturers on the goods imported and used as inputs. Consumer Price Index (CPI) stood at 7.8% in the month of August. With the expected Crude prices going down and prices of essential food prices remaining in check it can be expected that CPI will go…

Budget 2014: Reforms A Priority Or Populism

Sunday, September 14th, 2014 Amritesh no responses

The Budget 2014 was one of the most anticipated and hyped budget in the recent past. A new Government at the Centre backed by a strong mandate raised the hopes of the people belonging to different section of the society. It was also a very challenging task for the government as it had to tackle many issues upfront and also deliver on the expectation of the people. It had to check the continuous slide in the GDP over the past few Quarters as well as control the fiscal deficit. Plan and formulate strategies to bring reforms and growth to the forefront and at the same time reduce burden on the common people. GDP Growth in Last Few Quarters GDP YoY…

Emerging Market Funds

Sunday, May 11th, 2014 Amritesh no responses

Emerging Market Funds or also known as Global Funds are Mutual Funds that have features similar to Exchange Traded Funds (ETF’s). But Emerging Market Funds means a lot more than that in real terms. These are special type of Mutual Fund scheme which allocate their investments in the Developing Countries. The term “Emerging Market” is given to the countries whose economy is still in the developing stage and there is ample scope to usher the funds for development in these areas which offer better return as compared to developed economy. The objective of this Fund is to allocate assets in the developing countries which offer better and faster prospect of growth. The fund is used for the infrastructure, education, health,…

India And Global Economy

Thursday, February 20th, 2014 Amritesh no responses

Over the last 5 yearsOver the years we have witnessed a slowdown in the Indian Economy characterized by low GDP, charges of corruption and lack of reforms. The global economy too has not fared well either. The scars of 2008 recession can still be seen in the market coupled with lack of reform measures. Moreover the post 2008 era was marked with controversies and allegations against the Government. We have also witnessed the Rupee hitting the all time low of 68.82/dollar last August. The US Federal Reserve tapering bond buying program has also hit the emerging markets very hard. Major reform bills could not be tabled in the Assembly for much of the time. Inflation and Lack of employment generation…