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India August retail inflation expected below 7% - Nikhil Gupta, Motilal Oswal India's annual retail inflation in August is expected to fall below 7% after unexpectedly rising to a 15-month-high of 7.44% in July, an economist at Motilal Oswal said on Thursday. Retail inflation rose as of last count as prices of vegetables and cereals skyrocketed, beating all market expectations and putting pressure on the government to bring down prices. "I think we must look at the drivers of higher inflation in India and not unnecessarily be worried about vegetable-led ...
India August retail inflation expected below 7% - Nikhil Gupta, Motilal Oswal
India August retail inflation expected below 7% - Nikhil Gupta, Motilal Oswal
Source: IANS
17/08/2023 2:27:50 PM
Perspective on RBI MPC Announcement by Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below the perspective on RBI MPC Announcement by Mr. Nikhil Gupta, Chief Economist, Motilal Oswal Financial Services Ltd     As widely expected, the RBI kept all key interest rates unchanged with unanimous votes. The stance was also kept unchanged with 5-1 votes (except Prof. J Varma).   -- However, an incremental CRR of 10% of NDTL will be applied on additional NDTL attained between 19th May 2023 and 28th July 2023 by the banking system. The Gov...
Perspective on RBI MPC Announcement by Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Perspective on RBI MPC Announcement by Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: PR Agency
10/08/2023 2:03:38 PM
Headline CPI at 25-month low in May 2023 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Perspective on IIP & CPI Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group Headline CPI at 25-month low in May'23 Headline CPI-inflation at just 4.3% YoY in May'23, in line with the BMBG consensus but slightly lower than our forecast (of 4.5%). Details suggest broad-based deceleration. It was largely driven by food and imported items. Imported deflation was 4.2% YoY and food inflation was 18-month low of 2.9% Core inflation was at 25-month low of 5.2% Yo...
Headline CPI at 25-month low in May 2023 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services
Headline CPI at 25-month low in May 2023 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
12/06/2023 7:48:20 PM
Real GDP growth is better than expected for the third successive year in FY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services   India's 4Q real GDP grew 6.1% YoY, much faster than expected Real GDP growth is better than expected for the third successive year in FY23 In contrast to the market consensus of 5% and our forecast of 5.3%, real GDP growth was much higher at 6.1% in 4QFY23, due to which the full-year growth was 7.2%, better than the consensus of 7%. Real consumption grew 4.7% YoY in 4Q, while real investments grew faster (at 6.9%), supported by doubling of inventories. Real GFCF growth was...
Real GDP growth is better than expected for the third successive year in FY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services
Real GDP growth is better than expected for the third successive year in FY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
31/05/2023 8:56:34 PM
CPI ex veggies was at 37-month low of 5.4% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below Perspective on CPI and IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL group   Lower inflation and weak IIP = No rate hike in Jun'23   * Headline CPI inflation came in at 4.7% YoY last month, lowest in 18 months and lower than the market consensus of 4.8% and our forecast of 5%. Lower than expected food inflation (3.8% v/s 4.3%) led to this surprise, as core inflation was in line with our forecast at 5.1% (the lowest in 35 months).   * Othe...
CPI ex veggies was at 37-month low of 5.4% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
CPI ex veggies was at 37-month low of 5.4% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
13/05/2023 9:36:38 AM
The worst is over- Expert views on February CPI Data by Mr. Nikhil Gupta, MOFSL Group. Below is on The worst is over- Expert views on February CPI Data by Mr. Nikhil Gupta, Chief Economist, MOFSL Group. Food inflation was 5.9% YoY, largely unchanged from 6% in Jan'23 Core inflation was unchanged at 6.2% YoY Energy inflation was down to 4-month low of 7.8% CPI ex veggies was 7.6%, slightly lower than 104-month high of 7.8% in Jan'23 Domestically generated inflation was at four-month high of 6.3% YoY last month Details sugge...
The worst is over- Expert views on February CPI Data by Mr. Nikhil Gupta, MOFSL Group.
The worst is over- Expert views on February CPI Data by Mr. Nikhil Gupta, MOFSL Group.
Source: Motilal Oswal Financial Services Ltd
13/03/2023 8:05:19 PM
3QFY23 GDP at 4.4% YoY; slightly lower than expectation Says Nikhil Gupta, Motilal Oswal Financial Service Below Is On Perspective on Q3 GDP Data By Mr. Nikhil Gupta, Chief Economist, MOFSL group 3QFY23 GDP at 4.4% YoY; slightly lower than expectation Contrary to our expectation of ~4.5% YoY and Bloomberg consensus of 4.6% YoY, real GDP growth in 3QFY23 came in at 4.4% YoY, v/s 13.2%/6.3% YoY in 1Q/2QFY23. (1Q number revised from 13.5%). This was on account of collapse in consumption, both private as well as government. Capital formation held up overall GDP growth in 3...
3QFY23 GDP at 4.4% YoY; slightly lower than expectation Says Nikhil Gupta, Motilal Oswal Financial Service
3QFY23 GDP at 4.4% YoY; slightly lower than expectation Says Nikhil Gupta, Motilal Oswal Financial Service
Source: Motilal Oswal Financial Services
1/03/2023 3:44:10 PM
Headline inflation eased to 12-month low of 5.7% YoY in December 2022 By Nikhil Gupta, Motilal Oswal Financial Services Below the perspective on CPI Data Octoberby Mr. Nikhil Gupta, Chief Economist, MOFSL group. Headline data suggest good news all around Low inflation still not broad-based. CPI ex-vegetables up to 7.2% YoY in Dec'22 Headline inflation eased to 12-month low of 5.7% YoY in Dec'22, lower than 5.8% in Nov'22 and BMBG consensus of 5.9% (our forecast was 5.6%). Details are more relevant. CPI ex-vegetables (94% weight) rose further to 7.2% last month. Core inflati...
Headline inflation eased to 12-month low of 5.7% YoY in December 2022 By Nikhil Gupta, Motilal Oswal Financial Services
Headline inflation eased to 12-month low of 5.7% YoY in December 2022 By Nikhil Gupta, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
12/01/2023 7:48:12 PM
Unexpected duo data unlikely to change RBI policy in February 2023 By Nikhil Gupta, Motilal Oswal Financial Services Limited Below the perspective on CPI and IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL group.   Unexpected duo data unlikely to change RBI policy in Feb'23   -- Today's data were totally unexpected. Headline CPI-inflation was much lower than consensus in Nov'22 though IIP declined sharply in Oct'22.   -- Notably though, the entire positive surprise in CPI was due to food inflation (down to 11-month low of 4.7% YoY), as core i...
Unexpected duo data unlikely to change RBI policy in February 2023 By Nikhil Gupta, Motilal Oswal Financial Services Limited
Unexpected duo data unlikely to change RBI policy in February 2023 By Nikhil Gupta, Motilal Oswal Financial Services Limited
Source: PR Agency
13/12/2022 10:55:23 AM
Expect at least one more rate hike of 25bp in CY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below is perspective on RBI MPC Policy by Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Ltd. RBI hikes policy rates by 35bps Expect at least one more rate hike of 25bp in CY23   -- In an expected move, policy interest rates are raised by 35bps today, taking repo rate to 6.25% and SDF to 6%. Further, the Governor made it clear that the fight against inflation will continue, while India's growth remains more resilient. It is,...
Expect at least one more rate hike of 25bp in CY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Expect at least one more rate hike of 25bp in CY23 Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: PR Agency
7/12/2022 11:58:03 AM
Perspective on the GDP Numbers for Q2 FY-23 By Nikhil Gupta, Motilal Oswal Below are Perspective on the GDP Numbers for Q2 FY-23 Mr. Nikhil Gupta, Economist - Institutional Equities, Motilal Oswal Financial Services Ltd   Unexpected deterioration in manufacturing sector drags down 2QFY23 GVA growth Real GDP growth of 6.3% YoY broadly in line with expectations   -- India grew 6.3% YoY in 2QFY23, broadly in line with the market consensus. PVR consumption and investments grew strongly at 9.7%/9.2% but government consumption declined. ...
Perspective on the GDP Numbers for Q2 FY-23 By Nikhil Gupta, Motilal Oswal
Perspective on the GDP Numbers for Q2 FY-23 By Nikhil Gupta, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/12/2022 11:05:39 AM
India`s total collection from stamp duty and registration charges recorded at INR 948.47 bn in H1FY23: Motilal Oswal Financial Services * Collection of SD&RCs revenue grew by 35% YoY in H1FY23 * Maharashtra leads the table with highest collection of SD&RCs revenue in the country * Mizoram witnessed highest percentage increment with 104% YoY in the country * About 11 states have recorded more than 40% increment in their revenue collection from SD&RCs According to a study by Motilal Oswal Financial Services Limited, the cumulative revenue collection from stamp duty and registration charges (SD&RCs) fr...
India`s total collection from stamp duty and registration charges recorded at INR 948.47 bn in H1FY23: Motilal Oswal Financial Services
India`s total collection from stamp duty and registration charges recorded at INR 948.47 bn in H1FY23: Motilal Oswal Financial Services
Source: PR Agency
21/11/2022 4:06:53 PM
October 2022 CPI inflation in-line with market consensus Says Mr. Nikhil Gupta, MOFSL group Below Perspective on September CPI and August IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL group India's headline inflation reduced to three-month low of 6.8% YoY in Oct’22, in-line with market consensus but lower than our forecast of 7%. The deviation came from vegetables (within food). It reduced to eight-month low of 7.8% YoY in Oct’22 (v/s our forecast of 12.8% YoY). As expected, lower inflation was led by food items. Food inflation inched lower to 7% Yo...
October 2022 CPI inflation in-line with market consensus Says Mr. Nikhil Gupta, MOFSL group
October 2022 CPI inflation in-line with market consensus Says Mr. Nikhil Gupta, MOFSL group
Source: PR Agency
15/11/2022 10:41:19 AM
Perspective on September CPI and August IIP: Food inflation surged to 22-month high of 8.6% YoY in Septembrt 2022 Says Mr. Nikhil Gupta,MOFSL group Below Perspective on September CPI and August IIP Data by Mr. Nikhil Gupta, Chief Economist, MOFSL group Slightly higher Sep'22 inflation and unexpected contraction in Aug'22 IIP raises concerns India's headline inflation surged to 5-month high of 7.4% YoY last month v/s market consensus of 7.3% and our expectation of 7.5%. As expected, higher inflation was led by food items. Food inflation surged to 22-month high of 8.6% YoY in Sep'22, while core inflation rose ...
Perspective on September CPI and August IIP: Food inflation surged to 22-month high of 8.6% YoY in Septembrt 2022 Says Mr. Nikhil Gupta,MOFSL group
Perspective on September CPI and August IIP: Food inflation surged to 22-month high of 8.6% YoY in Septembrt 2022 Says Mr. Nikhil Gupta,MOFSL group
Source: Motilal Oswal Financial Services Ltd
13/10/2022 11:00:25 AM
LimeChat develops conversational marketing ecosystem to help D2C brands improve retention In the ever-evolving communication landscape, more and more Indians prefer to message businesses rather than sending an email, calling or visiting their website. LimeChat, the world's first human-level chatbot startup that enables D2C brands to leverage conversational marketing, is developing a conversational marketing ecosystem to help D2C Brands improve retention. According to Nikhil Gupta, Co-Founder, LimeChat, LimeChat has onboarded more than 175 D2C clients who love providing s...
LimeChat develops conversational marketing ecosystem to help D2C brands improve retention
LimeChat develops conversational marketing ecosystem to help D2C brands improve retention
Source: IANS
11/10/2022 3:15:51 PM
August 2022 inflation was slightly higher and July 2022 IIP growth was marginally lower than expectedSays Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Perspective on Q1FY23 GDP data by Mr. Nikhil Gupta, Chief Economist, Motilal Oswal Financial Services Ltd Aug'22 inflation was slightly higher and Jul'22 IIP growth was marginally lower than expected Not-so-concerning for either the markets or policy makers -- Headline inflation came in at 7% YoY in Aug'22, in line with our expectations but higher than the market consensus (of 6.9%). Food inflation surged to 7.6%, led by 103-month high inflation in cereals (9.7% weig...
August 2022 inflation was slightly higher and July 2022 IIP growth was marginally lower than expectedSays Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
August 2022 inflation was slightly higher and July 2022 IIP growth was marginally lower than expectedSays Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
13/09/2022 10:36:47 AM
India's Q1 GDP logs 13.5% growth, experts say lower than expected India's economic growth rose to 13.5 per cent in the first quarter of the current fiscal (2022-23), a huge jump from 4.1 per cent growth recorded in the final quarter of 2021-22. However, experts said that the GDP growth number was lower than what the market had expected earlier. This is the first double digit growth in GDP figures in a year, as the last double digit growth was 20.1 per cent recorded in first quarter of 2021-22. "Real GDP or Gross Domestic Product (GDP) at c...
India's Q1 GDP logs 13.5% growth, experts say lower than expected
India's Q1 GDP logs 13.5% growth, experts say lower than expected
Source: IANS
1/09/2022 11:42:41 AM
1QFY23 real GDP/GVA at 13.5%/12.7% YoY, lower than market consensus Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Perspective on Q1FY23 GDP data by Mr. Nikhil Gupta, Chief Economist, Motilal Oswal Financial Services Ltd ** Real GVA came at 12.7% YoY in 1QFY23, close to our forecast of 12.5%, but much lower than Bloomberg consensus of 14%. Real GDP growth came in at 13.5%, higher than our forecast but lower than the consensus of 15.3%. ** Details suggest that while industrial activity was lower than expected, better services sector growth pushed overall GVA growth higher. ** From GDP perspec...
1QFY23 real GDP/GVA at 13.5%/12.7% YoY, lower than market consensus Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
1QFY23 real GDP/GVA at 13.5%/12.7% YoY, lower than market consensus Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
1/09/2022 10:06:47 AM
Jul`22 CPI-inflation falls in line with expectations; Jun`22 IIP slightly better Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Perspective on July CPI and June IIP  data by Mr. Nikhil Gupta, Chief Economist, Motilal Oswal Financial Services Ltd Jul’22 CPI-inflation falls in line with expectations; Jun’22 IIP slightly better * India’s headline inflation eased to 5-month low of 6.7% YoY in Jul’22, in line with the market/our expectation. Core inflation (ex F&B, F&L and P&T) also eased to 10-month low of 6% YoY last month. Few other details are:    * Food infl...
Jul`22 CPI-inflation falls in line with expectations; Jun`22 IIP slightly better Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Jul`22 CPI-inflation falls in line with expectations; Jun`22 IIP slightly better Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
13/08/2022 10:20:30 AM
We revise our terminal rate forecast to 5.75-6% from 5.5% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below is perspective on RBI MPC Policy by Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Ltd. RBI delivers another 50bp hike We revise our terminal rate forecast to 5.75-6% from 5.5% The RBI hikes the repo rate by 50bp to 5.4%, more than the consensus (5.25%) and our expectation (5.15%). Further, there was no change in the stance or any relief in the Governor's statement, indicating a posible pause in the next policy. The rate decis...
We revise our terminal rate forecast to 5.75-6% from 5.5% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
We revise our terminal rate forecast to 5.75-6% from 5.5% Says Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
5/08/2022 3:46:25 PM
Perspective on IIP Data for May 2022 And CPI data for June 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Perspective on IIP Data for May 2022 & CPI data for June 2022 by Mr. Nikhil Gupta, Chief Economist, Motilal Oswal Financial Services Ltd India's Jun'22 inflation came in at 7% YoY, similar to that in May'22 and slightly lower than the consensus (our forecast of 7.3%). Lower inflation was primarily because of lower than expected food inflation (7.8% v/s our forecast of 8.8%). The core inflation was also down to 6.2% last month, slightly higher than our expectation of...
Perspective on IIP Data for May 2022 And CPI data for June 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Perspective on IIP Data for May 2022 And CPI data for June 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
13/07/2022 10:21:58 AM
Perspective on CPI data for May 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below is Perspective on CPI data for May 2022 by Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Ltd. “May'22 headline inflation at 7%, in line with our forecast but slightly lower than the market consensus of 7.1% * Core inflation (ex F&B, F&L and P&T) came in at 3-month low of 6.4% v/s 7.3% in Apr'22 and slightly lower than our forecast of 6.5%. * Overall, today's data was better than the market conse...
Perspective on CPI data for May 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Perspective on CPI data for May 2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
14/06/2022 10:26:50 AM
Perspective on RBI MPC Policy By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below is perspective on RBI MPC Policy by Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Ltd. RBI hikes policy rates by 50bps, keeps CRR unchanged * The RBI hikes the repo/SDF rate to 4.9%/4.65% today. This is higher than our forecast of 4.75/4.5% and the market consensus was for a hike of 40-50bps. The decision was taken unanimously by all MPC members. * Interestingly, while the RBI increases its FY23 inflation forecast to 6.7%, GDP growth ...
Perspective on RBI MPC Policy By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Perspective on RBI MPC Policy By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
8/06/2022 11:59:34 AM
Perspective on CPI data By Mr. Nikhil Gupta, Motilal Oswal Financial Services Below is Perspective on CPI data By Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Feb'22 headline CPI at 6.1% YoY, in line with market consensus but higher than our expectations FY23 inflation could average ~5.5%  Headline CPI came in at 8-month high of 6.1% YoY in Feb'22, in line with market consensus (6%) but higher than our forecast (5.8%).  Within food items, some items (cereals, vegetables etc) saw higher inflation, whi...
Perspective on CPI data By Mr. Nikhil Gupta, Motilal Oswal Financial Services
Perspective on CPI data By Mr. Nikhil Gupta, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
15/03/2022 10:11:16 AM
Perspective on IIP data for the month of January ‘2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services Below is Perspective on IIP data for the month of January ‘2022 By Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Jan'22 IIP came in at 1.3% YoY, in line with the market consensus of 1.4%  Although Dec'21 IIP growth is revised up to 0.7% (from 0.4% reported earlier), favourable base helped it grow further to 1.3 YoY in Jan'22 (-0.6% YoY in Jan'21). Overall, economic growth remains weak and there were no surprises in today's...
Perspective on IIP data for the month of January ‘2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services
Perspective on IIP data for the month of January ‘2022 By Mr. Nikhil Gupta, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
13/03/2022 12:37:09 PM
Perspective on CPI data for the month of December and IIP data for the month of November ‘2021 By Mr. Nikhil Gupta, Motilal Oswal Below is perspective on CPI data for the month of December and IIP data for the month of November ‘2021 By Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services It is very clear now that GDP growth took a serious hit in Oct-Nov'21 and thus, 3QFY22. I am confident that the consensus of 6.3% YoY growth forecast will be revised down and 5-5.5% looks more likely. Nov'21 IIP grew only 1.4% YoY, half the consensus of 2.8%. Excluding transport ...
Perspective on CPI data for the month of December and IIP data for the month of November ‘2021 By Mr. Nikhil Gupta, Motilal Oswal
Perspective on CPI data for the month of December and IIP data for the month of November ‘2021 By Mr. Nikhil Gupta, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
13/01/2022 10:46:12 AM
Below is perspective on CPI IIP data By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd Below is perspective on CPI IIP data By Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Ltd “PI eases and IIP strengthens, reflecting base effect Headline CPI grew 4.3% YoY in Apr'21, lower than our forecast of 4.6% and market consensus of 4.1%. The deceleration was broad-based. Food inflation eased to 2% YoY last month (vs. our exp of 2.8%), while the core inflation eased to 10-month low of 5.2% YoY (vs. exp of 5.4%). Going...
Below is perspective on CPI IIP data By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Below is perspective on CPI IIP data By Mr. Nikhil Gupta, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
12/05/2021 8:03:08 PM
Inflation spikes back to 5.5% in Mar`21 and IIP shrinks 3.6% YoY in Feb`21 By Nikhil Gupta, Motilal Oswal Below are Views On Inflation spikes back to 5.5% in Mar`21 and IIP shrinks 3.6% YoY in Feb`21 By Mr. Nikhil Gupta, Chief Economist at Motilal Oswal Financial Services Inflation spikes back to 5.5% in Mar'21 and IIP shrinks 3.6% YoY in Feb'21 Data points were largely on expected lines -- As expected, retail inflation surged back to 5.5% YoY last month vis-a-vis 5% in Feb'21 and 4.1% in Jan'21. Core inflation also surged to 29-month high of 5.7% in Mar'21. ...
Inflation spikes back to 5.5% in Mar`21 and IIP shrinks 3.6% YoY in Feb`21 By Nikhil Gupta, Motilal Oswal
Inflation spikes back to 5.5% in Mar`21 and IIP shrinks 3.6% YoY in Feb`21 By Nikhil Gupta, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
13/04/2021 10:53:40 AM
Perspective on the GDP Numbers for Q3 FY-21 By Nikhil Gupta, Motilal Oswal Below are Perspective on the GDP Numbers for Q3 FY-21 Mr. Nikhil Gupta, Economist - Institutional Equities, Motilal Oswal Financial Services Ltd “India's real GDP grew 0.4% YoY in 3QFY21, primarily because of downward revision (from 4.1% to 3.3%) in 3QFY20. Without base revision, there was a decline of 0.6% YoY in the quarter. The consensus was +0.5% and our forecast was -0.7%.   -- Investments were the primary driver (up 2.1% YoY vs. a fall of 28.2% in 1HFY21) of bett...
Perspective on the GDP Numbers for Q3 FY-21 By Nikhil Gupta, Motilal Oswal
Perspective on the GDP Numbers for Q3 FY-21 By Nikhil Gupta, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/02/2021 2:03:38 PM