BUSINESS
Decoding Q1 GDP numbers
The chief economist of SBI Mutual Fund breaks down GDP data of the April-June quarter released on August 29 and suggests what to expect in the remaining part of the fiscal year
BUSINESS
Women’s entry into labour force rises post-COVID. But is it all good?
While a majority of the women had to settle for low-paying agriculture jobs or work without pay in household enterprises, there have been some bright spots too — 86 percent of net new hiring in the manufacturing sector are females while men join construction
BUSINESS
Status quo monetary policy, but focus on bringing inflation down to 4%
Elevated global bond yields, dollar and crude along with no distinct visibility of the monetary easing cycle in the immediate future could cause some near-term pressure on domestic bond yields
BUSINESS
GDP at 7.8% doesn’t reflect current underlying momentum of Indian economy
If one looks at the demand side break-up of Q1 GDP growth, barring government revenue spending, everything looks exciting. However, the trends gauged from earnings outcome or other high frequency do not portend any similar strength
BUSINESS
Will PLI schemes lead to a manufacturing renaissance?
The success of the PLI scheme in augmenting India’s manufacturing is most visible in electronics, which has seen a multi-fold jump in exports. Product choices could have been more comprehensive or exhaustive for specialty steel, key starting material/active pharmaceutical ingredient and telecom instruments
BUSINESS
RBI Monetary Policy: Rates will be on pause for a few months
We think that RBI may be headed towards a long pause with a more serious discussion on easing at least six months away. The resilience in domestic growth could be a key variable that determines a potential change in the Repo rate downwards at any point in time
BUSINESS
Looming US recession darkens outlook for global equity, brightens for fixed income
Synchronised and aggressive rate hikes thus far make a case for deeper problems in the real economy, going ahead. Interest rate matters and there is a tremendous value in the yield curve which points to a strong probability of recession in the next 12 months
