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Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings Below the Views on WPI by Rajani Sinha, Chief Economist, CareEdge Ratings   The wholesale price index (WPI) continued in a deflationary zone for the fourth consecutive month in July, helped by lower metals, chemicals, textile, manufactured food, and mineral oils prices. However, the pace of annualised decline in WPI slowed significantly compared with the previous two months, with the spike in food prices led by vegetables restricting the downside. Consequently, sequential...
Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings
Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings
Source: PR Agency
14/08/2023 2:43:01 PM
Views on RBI`s policy meeting By Rajani Sinha, CareEdge Ratings Below a quote by Rajani Sinha, Chief Economist, CareEdge Ratings sharing her views on the RBI's policy meeting   “RBI’s decision to maintain the status quo on the policy rate was on the expected lines. However, it sounded more cautious than the last two meetings, with a significant upward revision in the inflation numbers for the upcoming quarters. Given the transient nature of the seasonal shocks, the RBI will wait for more data points to evaluate the eme...
Views on RBI`s policy meeting By Rajani Sinha, CareEdge Ratings
Views on RBI`s policy meeting By Rajani Sinha, CareEdge Ratings
Source: PR Agency
10/08/2023 3:12:30 PM
Views on Monetary Policy Committee By Rajani Sinha, CareEdge Ratings Below View On RBI's monetary policy By Rajani Sinha, Chief Economist, CareEdge Ratings "While the RBI decided to keep the policy rates unchanged for the second consecutive meeting, it has continued to emphasize on bringing the retail inflation closer to the target of 4%. Amid a volatile global economic scenario and lingering risks to domestic inflation, it is prudent that the RBI has followed a wait-and-watch strategy. While RBI has marginally lowered the CPI inflation p...
Views on Monetary Policy Committee By Rajani Sinha, CareEdge Ratings
Views on Monetary Policy Committee By Rajani Sinha, CareEdge Ratings
Source: PR Agency
8/06/2023 5:21:03 PM
Views on Central Government Finances for FY23 By Rajani Sinha, CareEdge Below Quote on Central Government Finances for FY23 - Rajani Sinha, Chief Economist, CareEdge The Centre has stayed on the path of fiscal consolidation meeting the fiscal deficit target at 6.4% of GDP in FY23. Upbeat gross tax collections and thrust on capex have been the major highlights of the Centre’s fiscal performance during the year. Post-pandemic rebound and healthy economic activities supported the buoyancy in gross tax collections. Despite the high subsidy outgo, the quality...
Views on Central Government Finances for FY23 By Rajani Sinha, CareEdge
Views on Central Government Finances for FY23 By Rajani Sinha, CareEdge
Source: PR Agency
31/05/2023 6:17:59 PM
Stumped by Reserve Bank of India's decision on repo rate, experts react The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) certainly bowled a googly at the experts who had predicted a 25 basis points repo rate hike. Interestingly, RBI Governor Shaktikanta Das on Thursday announced that the MPC has decided to hold the repo rate at 6.5 per cent. Consequently, the standing deposit facility (SDF) rate will remain unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decide...
Stumped by Reserve Bank of India's decision on repo rate, experts react
Stumped by Reserve Bank of India's decision on repo rate, experts react
Source: IANS
6/04/2023 2:53:25 PM
Positive momentum effect supports rise of industrial output to 5.2% in January India's industrial output or index of industrial production (IIP) went up by 5.2 per cent in January, according to data released on Friday by the Ministry of Statistics. It was 4.7 per cent in December 2022. For the April-January period of 2022-23, IIP growth was 5.4 per cent, down from 13.7 per cent recorded during the corresponding period of last year. The manufacturing output rose by 3.7 per cent in January 2023, up from 3.1 per cent in December 2022; electricity production was a...
Positive momentum effect supports rise of industrial output to 5.2% in January
Positive momentum effect supports rise of industrial output to 5.2% in January
Source: IANS
11/03/2023 9:13:30 AM
Retail inflation at 6.5% in January, worrisome, shocker: Economists In a shocker, consumer price index (CPI) inflation touched 6.5 per cent in January, the Ministry of Statistics & Programme Implementation said on Monday, after being 5.72 per cent in December and 5.88 per cent in November last year, and economists termed it "worrisome". "CPI inflation moved to 6.5 per cent in January is higher than our expectations and is worrisome. Sequentially, inflation has snapped a two-month contractionary streak as food inflation and core inflation...
Retail inflation at 6.5% in January, worrisome, shocker: Economists
Retail inflation at 6.5% in January, worrisome, shocker: Economists
Source: IANS
14/02/2023 11:24:40 AM
Takeaways from RBI`s MPC meeting can be more than repo rate hike Apart from the decision on the repo rate hike by the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions. Economic experts expect the MPC to hike the repo rate by 25-35 basis points (bps) with industry lobby body ASSOCHAM also urging the central bank to do the same. Further it will also be interesting to see whether there will be unanimity amongst the members of the MPC on the decisions taken...
Takeaways from RBI`s MPC meeting can be more than repo rate hike
Takeaways from RBI`s MPC meeting can be more than repo rate hike
Source: IANS
5/12/2022 9:57:29 AM
IIP up 3.1% in September, experts say growth higher than expectations The Index of Industrial Production (IIP) rose by 3.1 per cent to 133.5 in September, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday. The growth in the industrial index was aided by all major sectors like mining, which rose 4.6 per cent to 99.5 in September, manufacturing sector, which grew 1.8 per cent to 134.3, and the electricity sector, which soared 11.6 per cent to 187.4, according to the official data. Expressing sat...
IIP up 3.1% in September, experts say growth higher than expectations
IIP up 3.1% in September, experts say growth higher than expectations
Source: IANS
12/11/2022 10:25:58 AM
RBI`s measures controlled inflation: Economists  Economists are of the view that the measures taken by the Reserve Bank of India (RBI) has controlled the inflation and add that the inflation will come down. The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation within four per cent + or - two per cent. The RBI may also sound out the Central government as to the course of inflation as well as the reasons as to why it may ...
RBI`s measures controlled inflation: Economists
RBI`s measures controlled inflation: Economists
Source: IANS
31/10/2022 11:47:19 AM
RBI likely to hike repo rate by another 100 bps in the remainder of FY23: CareEdge CPI inflation may soften below 6% by Q4FY23; expect moderate rate hikes by RBI Mumbai : With RBI due to announce its monetary policy on 5th August, CareEdge expects the Central Bank to hike the policy interest rate by another 100 basis points in the remainder of FY23. This will take the terminal rate to 5.90% by the end of FY23. While the current CPI inflation is still around 7%, the easing of many commodity prices is attributed as a major factor of influence towards lower inflation t...
RBI likely to hike repo rate by another 100 bps in the remainder of FY23: CareEdge
RBI likely to hike repo rate by another 100 bps in the remainder of FY23: CareEdge
Source: PR Agency
2/08/2022 5:39:48 PM
Perspective on CPI numbers By Ms. Rajani Sinha, Knight Frank India Below is perspective on CPI numbers by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. ““In Feb’22 the inflationary pressure is largely witnessed by the households. Apart from the seasonal rise in vegetable prices, the prices pressures in clothing, footwear and household goods continued to remain elevated. The scope of transmission of prices from the manufacturers to the consumers continues to remain...
Perspective on CPI numbers By Ms. Rajani Sinha, Knight Frank India
Perspective on CPI numbers By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
15/03/2022 9:34:09 AM
Perspective on IIP numbers By Ms. Rajani Sinha, Knight Frank India Below is perspective on IIP numbers by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. “ The recovery in Jan’22 industrial production is uneven and is partly supported by the base effect. The momentum in manufacturing sector is positive for the economy. However, the persisting contraction in the capital goods production, which is a barometer of investment demand, is indicating a weakness in private investm...
Perspective on IIP numbers By Ms. Rajani Sinha, Knight Frank India
Perspective on IIP numbers By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
13/03/2022 12:44:06 PM
Perspective on Q3 (October to December) GDP Data for FY22, by Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India. GDP growth of 5.4% in Q3 FY22 was less than the consensus expectations, as the base effect wanes. In fact, the second advance estimate of FY22 GDP growth has also been lowered to 8.9% from 9.1% in the first advance estimate. The slowdown in growth rate was witnessed across agriculture, manufacturing, followed by a de-growth in construction sector. The slowdown in manufacturing sector can be attributed to supply chain disruptions and semi -conductor shortages.  The impact of the Omicron w...
Perspective on Q3 (October to December) GDP Data for FY22, by Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India.
Perspective on Q3 (October to December) GDP Data for FY22, by Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India.
Source: Knight Frank
28/02/2022 7:14:53 PM
Quote on IIP numbers by Ms. Rajani Sinha, Knight Frank India. Below is quote on IIP numbers by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. “The Index of Industrial Production has continued to decelerate in December, in response to Omicron related disruptions. This is broadly is in line with slowdown that we have seen in some other high frequency economic indicators for the last few months. It is specifically concerning that consumer goods, both durables and non-du...
Quote on IIP numbers by Ms. Rajani Sinha, Knight Frank India.
Quote on IIP numbers by Ms. Rajani Sinha, Knight Frank India.
Source: Knight Frank
12/02/2022 3:38:05 PM
Quote on Economic Survey 2021-22 By Ms. Rajani Sinha, Knight Frank India Below is quote on Economic Survey 2021-22 by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. “The Economic Survey’s GDP growth projection of 8-8.5% 2for FY23 is quite conservative and lower than that projected by IMF. The Economic Survey has explained in detail the Government’s approach to handling this once in a century pandemic induced crisis. The Survey talks in detail about the ‘Agile&...
Quote on Economic Survey 2021-22 By Ms. Rajani Sinha, Knight Frank India
Quote on Economic Survey 2021-22 By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
31/01/2022 5:10:53 PM
Perspective on IIP and CPI numbers By Ms. Rajani Sinha, Knight Frank India Below is perspective on IIP and CPI numbers by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. IIP “The deceleration in IIP growth number for November 2021 is definitely a cause of concern. On a sequential basis, the Index of Industrial production has fallen by around 4% when compared to the previous month. There has been specifically very sharp fall on a sequential basis (MoM) in the consumer durables s...
Perspective on IIP and CPI numbers By Ms. Rajani Sinha, Knight Frank India
Perspective on IIP and CPI numbers By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
13/01/2022 10:30:41 AM
Perspective on expectation from RBI Monetary Policy By Ms. Rajani Sinha, Knight Frank India Below is Perspective on expectation from RBI Monetary Policy By Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India “RBI has started the process of normalization by mopping out excess liquidity from the system through enhanced VRRR auction and suspending the G-SAP. There was growing expectations that in the December MPC meeting, RBI would hike the reverse repo rate to narrow the corridor between repo and reverse repo rate. However, the new COVID var...
Perspective on expectation from RBI Monetary Policy By Ms. Rajani Sinha, Knight Frank India
Perspective on expectation from RBI Monetary Policy By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
3/12/2021 3:58:59 PM
Perspective on Q2 July to September GDP Data for FY22 By Ms. Rajani Sinha, Knight Frank India Below is perspective on Q2 July to September GDP Data for FY22 by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. “The improvement in GDP growth in Q2 FY22 is on expected lines. With increased vaccination and economy moving back to normalcy, most high frequency economic indicators have bounced back above pre-COVID levels. Corporate performance as reflected by quarterly results have also been showing healthy impr...
Perspective on Q2 July to September GDP Data for FY22 By Ms. Rajani Sinha, Knight Frank India
Perspective on Q2 July to September GDP Data for FY22 By Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
1/12/2021 12:20:50 PM
Perspective on Q1 GDP Data for FY22 by Ms. Rajani Sinha, Knight Frank India Below is Perspective on Q1 GDP Data for FY22 by Ms. Rajani Sinha, Chief Economist & National Director - Research, Knight Frank India “The sharp growth in Q1 GDP is mainly because of the very low base of last year, when the economy was under a national lockdown. On a sequential basis, most parameters of GDP have fallen in Q1 FY22, due to the adverse impact of the second wave of the pandemic on the economy. However, the adverse impact of the second wave of the pandemic on Q1 F...
Perspective on Q1 GDP Data for FY22 by Ms. Rajani Sinha, Knight Frank India
Perspective on Q1 GDP Data for FY22 by Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
1/09/2021 9:13:53 AM
Perspective on today`s GDP Numbers by Ms. Rajani Sinha, Knight Frank India Below are Perspective on today’s GDP Numbers  by Ms. Rajani Sinha, Chief Economist & National Director - Research, Knight Frank India Before we got hit by the second wave of COVID 19, Indian Economy had been moving back to normalcy supported by strong pent-up demand and that’s getting reflected in the improvement in Q4 FY21 GVA data. There has been a healthy rebound in manufacturing and construction sector, though the YOY growth has also been supported by the low ...
Perspective on today`s GDP Numbers by Ms. Rajani Sinha, Knight Frank India
Perspective on today`s GDP Numbers by Ms. Rajani Sinha, Knight Frank India
Source: Knight Frank
1/06/2021 10:44:35 AM
Today`s RBI Announcement by Ms. Rajani Sinha, Knight Frank India. Below are Perspective on todays RBI Announcement by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India. “The battle with COVID-19 has prolonged over a year now and while the country was coping well until early this year, the second wave of infections in March has translated into significant loss of lives. Presumably on economic output, the dent will depend on the timeline of this wave and associated regional lo...
Today`s RBI Announcement by Ms. Rajani Sinha, Knight Frank India.
Today`s RBI Announcement by Ms. Rajani Sinha, Knight Frank India.
Source: Knight Frank
5/05/2021 2:30:17 PM
Perspective on IIP & CPI numbers by Rajani Sinha, Knight Frank India Below are Perspective on IIP & CPI numbers by Ms. Rajani Sinha, Chief Economist & National Director - Research, Knight Frank India IIP “IIP contracted further in Feb 2021 in line with the weakening of some other leading indicators in the last few months. The economic indicators of the last few months are being watched very carefully to see  at what level India’s growth momentum is sustained, after the pent up demand is taken care of. The second wave of COVID 19 ...
Perspective on IIP & CPI numbers by Rajani Sinha, Knight Frank India
Perspective on IIP & CPI numbers by Rajani Sinha, Knight Frank India
Source: Knight Frank India
13/04/2021 1:31:46 PM
Monetary Policy by Rajani Sinha, Knight Frank India Below are Views On Monetary Policy by Ms. Rajani Sinha, Chief Economist & National Director – Research, Knight Frank India  “The RBI has taken reassuring steps to infuse additional liquidity into the housing sector through the interventions of increased financing to National Housing Bank and extension of priority sector tag for bank funding to NBFCs for housing loans.   However, given the inflationary concerns in recent months, RBI h...
Monetary Policy by Rajani Sinha, Knight Frank India
Monetary Policy by Rajani Sinha, Knight Frank India
Source: Knight Frank India
7/04/2021 2:04:14 PM
Perspective on GDP Numbers for Q3 FY-21 by Rajani Sinha, Knight Frank India Below are Perspective on GDP Numbers for Q3 FY-21 by Ms. Rajani Sinha, Knight Frank India “With the economy moving towards normalcy, most economic indicators had been improving in the last few months and hence the movement of third quarter GDP growth to the positive territory does not come as a surprise. As expected, the manufacturing sector has bounced back recording a positive growth. Strong revival in construction sector has also boosted overall GDP growth. Among the service secto...
Perspective on GDP Numbers for Q3 FY-21 by Rajani Sinha, Knight Frank India
Perspective on GDP Numbers for Q3 FY-21 by Rajani Sinha, Knight Frank India
Source: Knight Frank India
27/02/2021 2:28:23 PM