Category: Financial News Analysis

Financial News Analysis – 6th July’19 | PDF Download

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  Union Budget 2019-20 Highlights   Finance minister Nirmala Sitharaman’s first budget. Unexciting and incremental: providing no fiscal boost to accelerate GDP growth to the 8% target  Inward looking: seeking to reduce import dependence rather than increasing exports. Is it just a supplementary than a full budget. Nifty crashed 135.60 points   Interim budget   …

Financial News Analysis – 5th July ’19 | PDF Download

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Economic Survey 2018-19  Prime Minister Narendra Modi’s target ofbecoming a $5-trillion economy by 2025. The Economic Survey aims for sustained 8% real GDP growth with 4% inflation. VIRTUOUS CYCLE Fast growth Rising investment Savings Soaring Exports Without soaring exports, no country has  ever achieved 8% growth. Domestic demand alone cannot sustain such a high rate. …

Financial News Analysis – 28th June ’19 | PDF Download

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Trump on Indian Tariff     G20 Summit is being held in Japan on June 28-29. Mr Trump is going to meet PM Modi.  Ahead of his scheduled meeting US President has slammed India again for what he called its “unacceptable” tariffs against the US. In a tweet, Trump said: “I look forward to speakingØ …

Financial News Analysis – 20th June ’19 | PDF Download

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  Indian Railway   Some 27 years ago, private sector participation was invited into railway operations, with schemes such as own your wagon. Railway ministry is reported to be working on a plan. Phased introduction of private operators of passenger trains. Bibek Debroy Committee submitted its comprehensive report 4 years ago. Allow private operators of …

Financial News Analysis – 19th June ’19 | PDF Download

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    Data localisation     Technology players have raised concerns  on rules to store data locally . Government said that the raised concerns  will be examined by it.  Even the US government had expressed its  concerns on India’s mandatory data localisation rule.  Monday: stakeholders’ meeting (chaired by  Piyush Goyal) on e-commerce and data storage …

Financial News Analysis – 15th June ’19 | PDF Download

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    Water Crisis in India   India is facing possible the longest  heatwave spell in recorded history. IMD study has found a threefold increase in  heatwaves every year since 1991. India is also facing acute water crisis.   Pre-monsoon season: received 99 mm of  rainfall during this period against the average of 131.5 mm. …

Financial News Analysis – 10th June ’19 | PDF Download

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  Use data for people’s welfare     India has said countries must have the  sovereign right to use their data for welfare of people, and free trade advocacy should not necessarily lead to justification for free flow of data. Goyal said that Digital India, Start up India,  Aadhaar are some of the major initiatives …

Financial News Analysis – 8th June ’19 | PDF Download

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    Refining GST   India is, perhaps, the only country in the  world where a government that introduced GST came back to power. GST collections have, for the first time  since July 2017, reached the Rs 1 lakh crore mark consecutively for two months It is time now for fixing GST glitches and  further …

Financial News Analysis – 7th June ’19 | PDF Download

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    RBI’s monetary policy   Second bi-monthly monetary policy Repo rate reduced by 25 bps to 5.75 per  cent for third time in a row. Reverse repo rate now stands at 5.50 per  cent Marginal standing facility (MSF) rate 6 per  cent Cuts GDP growth forecast to 7 per cent  from 7.2 per cent …

Financial News Analysis – 6th June ’19 | PDF Download

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  Needed: a solar manufacturing strategy   Solar power installation in India: unit costs have fallen, increasingly competitive. May 2014: 2,650 MW March 2019: 28.18 GW Target: 100 GW of solar capacity by 2022 Paradox: We are blessed with plenty of sunlight for most of the year, yet we are energy deficient. India is still …