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This sharp rise can be attributed to higher food inflation of 11.51 percent Says Mr. Nish Bhatt, Millwood Kane International Perspective on on July CPI data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International "India's retail inflation rate surged to nearly a 15-month high of 7.44 per cent in July, breaching the upper limit of the Reserve Bank of India’s (RBI) tolerance band of 2-6 per cent. This is much higher than industry predictions of 6.4- 6.5 per cent.   This sharp rise can be attributed to higher food inflation of 11.51 percent, a cause of concern. We expect t...
This sharp rise can be attributed to higher food inflation of 11.51 percent Says Mr. Nish Bhatt, Millwood Kane International
This sharp rise can be attributed to higher food inflation of 11.51 percent Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
14/08/2023 6:54:08 PM
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International Below the perspective on RBI MPC announcement Mr. Nish Bhatt, Founder & CEO, Millwood Kane International   “The RBI keeping rates on hold is a prudent step as inflation is still within the targetted range. The key pain point within the retail inflation is due to the high food and vegetable prices which is transitory. The RBI's move to reduce system liquidity, hinting at rate tightening, or keeping rates elevated for a higher duration than earlier expected is...
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
10/08/2023 1:49:53 PM
Perspective on SGB Series-I 2023-24 by Mr. Nish Bhatt, Millwood Kane International Below on SGB Series-I 2023-24 by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The price for Series-I 2023-24 is fixed at Rs 5,926/gm. Investment in Sovereign Gold Bonds has helped the RBI raise over Rs 30,000 cr since its inception in November 2015. Investment in paper, digital gold provides high liquidity, eliminates storage costs, and is easier to sell than physical gold. Investment in SGBs comes with an interest coupon payable semi-annually. G...
Perspective on SGB Series-I 2023-24 by Mr. Nish Bhatt, Millwood Kane International
Perspective on SGB Series-I 2023-24 by Mr. Nish Bhatt, Millwood Kane International
Source: PR Agency
17/06/2023 9:46:12 AM
On the industrial production front, it is better than expected at 4.2%, most components contributed to it Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International Perspective On CPI & IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The slew of positive developments continues for India. After a robust growth rate, status-quo of the MPC. We now have the retail inflation cooling to a 25-month low. Food and fuel price inflation cooling has primarily led to a fall in the headline figure. The core inflation too cooled off to a 5% level.   On the industrial production front, it is b...
On the industrial production front, it is better than expected at 4.2%, most components contributed to it Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
On the industrial production front, it is better than expected at 4.2%, most components contributed to it Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Source: PR Agency
12/06/2023 8:02:11 PM
Overall slowdown in imports and a trade surplus also played a role in the higher growth rate Says Mr. Nish Bhatt, Millwood Kane International Below is Q4 GDP data and FY23 growth rate by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The Q4, as well as FY23 growth rate, has been higher than most estimates. This growth has been despite interest rates at a two-decade high, the central bank withdrawing liquidity, and concerns around global growth. while Agri, mining, manufacturing, electricity, and construction component pushed up the overall growth rate, the slowdown in private consumpti...
Overall slowdown in imports and a trade surplus also played a role in the higher growth rate Says Mr. Nish Bhatt, Millwood Kane International
Overall slowdown in imports and a trade surplus also played a role in the higher growth rate Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International 
31/05/2023 8:16:55 PM
The CPI inflation at 4.7% is a big positive Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI & IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International    “The CPI inflation at 4.7% is a big positive. After rising to levels of 6% and 7% for months, we finally witnessed a softness in retail inflation. We see a trend of softness in inflation with it being at 5% for March month and below the 5% mark for April. This was primarily due to a higher base and softness in food and core inflation.   ...
The CPI inflation at 4.7% is a big positive Says Mr. Nish Bhatt, Millwood Kane International
The CPI inflation at 4.7% is a big positive Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/05/2023 9:30:20 AM
The CPI has slowed down to a 15-month low to 5.66% Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI & IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The CPI has slowed down to a 15-month low to 5.66%. This figure is below the RBI's target of keeping below the 6% mark. The data vindicates the RBI's estimate of inflation slowing down as we move ahead in the calendar year 2023. Food inflation, and vegetable prices slowing down helped the final figure in a big way. The core inflation too has falle...
The CPI has slowed down to a 15-month low to 5.66% Says Mr. Nish Bhatt, Millwood Kane International
The CPI has slowed down to a 15-month low to 5.66% Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
12/04/2023 6:35:32 PM
The inflation and growth trajectory will guide the moves by the RBI Says Mr. Nish Bhatt, Millwood Kane International Below Perspective on RBI MPC announcement By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  After hiking rates cumulatively by 250 bps the RBI took a pause in today's monetary policy review meeting. This also re-affirms the view that the decisions by the RBI are data-driven. The economy is expected to grow at 7% for FY23. Inflation is moderating and most deficits - fiscal and current are pretty much under control. The surprise move will give an opportunity to...
The inflation and growth trajectory will guide the moves by the RBI Says Mr. Nish Bhatt, Millwood Kane International
The inflation and growth trajectory will guide the moves by the RBI Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
6/04/2023 3:47:28 PM
Perspective on February CPI Data By Mr.Nish Bhatt, Millwood Kane International Below is Perspective on February CPI data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  The CPI inflation data for the month of February is above most estimates as well as the RBI-mandated range of 2-6%. The CPI print is in line with the cues provided by the central banks that the rates may be elevated for longer than expected as inflation remains higher. The CPI has remained above the 6% mark for two straight months and showing signs of sticki...
Perspective on February CPI Data By Mr.Nish Bhatt, Millwood Kane International
Perspective on February CPI Data By Mr.Nish Bhatt, Millwood Kane International
Source: PR Agency
13/03/2023 7:04:54 PM
The price for the fourth tranche of SGB (2022-23) is fixed at Rs 5611/gm Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The price for the fourth tranche of SGB (2022-23) is fixed at Rs 5611/gm. The Sovereign Gold Bond was introduced in November 2015, with the key aim of making them an alternative to investing in physical gold. Importing gold to meet domestic demand puts pressure on the currency. SGB being paper gold has proven to be an effective alternative to physical gold. Investors can buy/invest in gold, without any hassles of storage or related cost. Liquidating is more effortless than physical gol...
The price for the fourth tranche of SGB (2022-23) is fixed at Rs 5611/gm Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
The price for the fourth tranche of SGB (2022-23) is fixed at Rs 5611/gm Says Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
Source: Millwood Kane International
7/03/2023 11:14:04 AM
Perspective on Q3 GDP Data By Mr.Nish Bhatt, Millwood Kane International Below is Perspective on Q3 GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ The Q3FY23 GDP at 4.4% is very much on the expected lines. The growth rate has slowed down due to higher inflation and lower consumption. The data looks optically lower but the fact it is coming on a revised higher base than last year is encouraging. Low private consumption has been primarily responsible for the lower GDP print coupled with lower governmen...
Perspective on Q3 GDP Data By Mr.Nish Bhatt, Millwood Kane International
Perspective on Q3 GDP Data By Mr.Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
28/02/2023 7:07:07 PM
The January CPI inflation print at 6.52% is a cause of concern, it is a 3-month high Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on January CPI inflation data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ The January CPI inflation print at 6.52% is a cause of concern, it is a 3-month high. The inflation has spiked after two months of moderation. What is also concerning is the core inflation above the 6% mark. Food inflation at 5.94% and elevated pulses prices are primarily responsible for the elevated inflation. The high crude prices are refl...
The January CPI inflation print at 6.52% is a cause of concern, it is a 3-month high Says Mr. Nish Bhatt, Millwood Kane International
The January CPI inflation print at 6.52% is a cause of concern, it is a 3-month high Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/02/2023 6:56:43 PM
It is a double delight as the January CPI inflation has stayed below the 6% Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI & IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “It is a double delight as the January CPI inflation has stayed below the 6% mark for two months in a row. The fall is largely due to the softness in the vegetables and food inflation. But the core inflation is a cause of concern as it has remained above the 6% mark. The effects of rising rates have started to reflect in the overall inflation data. The IIP on...
It is a double delight as the January CPI inflation has stayed below the 6% Says Mr. Nish Bhatt, Millwood Kane International
It is a double delight as the January CPI inflation has stayed below the 6% Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
12/01/2023 7:31:16 PM
The primary aim behind issuing these bonds is to make them a substitute for investing in physical gold Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI & IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The price for the third tranche of SGB (2022-23) is fixed at Rs 5409/gm. The primary aim behind issuing these bonds is to make them a substitute for investing in physical gold. Meeting demand for physical gold leads to imports, putting pressure on the currency. SGB is an effective alternative to physical gold, it a paper gold. Any investor can invest in gold, w...
The primary aim behind issuing these bonds is to make them a substitute for investing in physical gold Says Mr. Nish Bhatt, Millwood Kane International
The primary aim behind issuing these bonds is to make them a substitute for investing in physical gold Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
20/12/2022 5:24:07 PM
A steady and rising industrial output is key to an overall pick-up in economic growth Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI and IIP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  November CPI at an 11-month low October IIP near a 26-month low The CPI data print is a pleasant surprise, at 5.88% it has slipped below the RBI's mandated range after 10 months. Dip in food and vegetable prices are the primary reasons for the softness in inflation. The core inflation remains elevated though. The critical thing to watch out for will be t...
A steady and rising industrial output is key to an overall pick-up in economic growth Says Mr. Nish Bhatt, Millwood Kane International
A steady and rising industrial output is key to an overall pick-up in economic growth Says Mr. Nish Bhatt, Millwood Kane International
Source: PR Agency
13/12/2022 8:57:28 AM
As expected the MPC has hiked key rates by 35 bps Says Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ As expected the MPC has hiked key rates by 35 bps. The repo rate is now at a more than 4-year high.  RBI maintains policy stance at Withdrawal of Accommodation. The softness in retail inflation has been the primary reason for the slower rate hike. CPI inflation cooled off to a 3-month low for October. The central bank has hiked rates b...
As expected the MPC has hiked key rates by 35 bps Says Mr. Nish Bhatt, Millwood Kane International
As expected the MPC has hiked key rates by 35 bps Says Mr. Nish Bhatt, Millwood Kane International
Source: PR Agency
7/12/2022 12:12:09 PM
Perspective on Q2 GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International - an Investment consulting firm. Below is Perspective on Q2 GDP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The Q2 growth at 6.3% vs 8.5% YoY is largely in line with the consensus estimates. The stable growth rate is largely on account of robust GST collection witnessed in the past few months, and the fact that we witnessed lower imports. The GVA growth correctly reflects the slowdown in activities like manufacturing, mining, and construction. The agriculture gr...
Perspective on Q2 GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International - an Investment consulting firm.
Perspective on Q2 GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International - an Investment consulting firm.
Source: Millwood Kane International
1/12/2022 11:22:09 AM
RBI Monetary Policy : A spike in crude prices and geo-political tensions may play spoilsport Says Nish Bhatt, Millwood Kane International Below is Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ The 50 bps hike by the RBI was very much on expected lines. Central banks across EMs and DMs are hiking rates to control the sticky inflation. The easy monetary policy has led to inflation rising to levels never seen in the past few decades. It is pertinent to keep the policy stance at the withdrawal of accommodation as we need further tightenin...
RBI Monetary Policy : A spike in crude prices and geo-political tensions may play spoilsport Says Nish Bhatt, Millwood Kane International
RBI Monetary Policy : A spike in crude prices and geo-political tensions may play spoilsport Says Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
30/09/2022 2:25:09 PM
Perspective on RBI MPC announcement By Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI MPC announcement By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International. “ It's a double whammy of sorts on the economic data. On a downward slide since April, the CPI rose in August to touch a 7% level. Primarily the rise is due to food, vegetable, and pulses that has led to a rise in CPI. Higher energy prices also pushed inflation higher. The industrial production data too had a negative reading. After double-digit g...
Perspective on RBI MPC announcement By Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI MPC announcement By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/09/2022 10:39:49 AM
The Q1 GDP data at 13.5%, a double-digit growth may optically look high Says Mr. Nish Bhatt, Millwood Kane International Perspective on Q1FY23 GDP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The Q1 GDP data at 13.5%, a double-digit growth may optically look high. But it is lower than most estimates. This quarter was not affected at all by the pandemic. The lower than expected data is despite the private consumption. The contact-oriented services, hotel, and trade provided a boost to the overall data. While it is encouraging to see growth in the agriculture...
The Q1 GDP data at 13.5%, a double-digit growth may optically look high Says Mr. Nish Bhatt, Millwood Kane International
The Q1 GDP data at 13.5%, a double-digit growth may optically look high Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
1/09/2022 11:57:50 AM
CPI And IIP Data : There are positive developments on both the CPI and the IIP front Says Mr. Nish Bhatt, Millwood Kane International Perspective on CPI And IIP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ There are positive developments on both the CPI and the IIP front. The CPI inflation has been on a declining path for the past four months. This softness in the inflation is largely due to the duty cut on edible oil, fall in crude oil, and commodity prices. The inflation though on a downward spiral, but it is still above the MPC mandated level for 7-straight months. ...
CPI And IIP Data : There are positive developments on both the CPI and the IIP front Says Mr. Nish Bhatt, Millwood Kane International
CPI And IIP Data : There are positive developments on both the CPI and the IIP front Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/08/2022 10:51:21 AM
Perspective on INR hitting 80/$ level By Mr. Nish Bhatt, Millwood Kane International  Perspective on INR hitting 80/$ level By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The rupee has been depreciating against the USD for a whole host of factors. Concerns around an economic slowdown in the US, Fed hiking rates, geopolitical tension between Russia-Ukraine, and a spike in oil prices have pushed INR to an all-time low. The US Fed hiking rates aggressively led to the dollar strengthening, and subsequently, FPIs pulled out funds from the Ind...
Perspective on INR hitting 80/$ level By Mr. Nish Bhatt, Millwood Kane International 
Perspective on INR hitting 80/$ level By Mr. Nish Bhatt, Millwood Kane International 
Source: Millwood Kane International
19/07/2022 12:19:47 PM
CPI And IIP Data : The retail inflation for the month of June has clocked in at 7.01% Says Mr. Nish Bhatt, Millwood Kane International Perspective on CPI And IIP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ The retail inflation for the month of June has clocked in at 7.01%. It is softening albeit at a slower pace over the past three months. However, it still 3 straight months of inflation remaining above 7% and six straight months of inflation above the RBI's aim of 6%. The slight softening in inflation data is largely on account of a reduction in duties on fuel. ...
CPI And IIP Data : The retail inflation for the month of June has clocked in at 7.01% Says Mr. Nish Bhatt, Millwood Kane International
CPI And IIP Data : The retail inflation for the month of June has clocked in at 7.01% Says Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/07/2022 10:29:28 AM
Perspective on Sovereign Gold Bond 2022-23 by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on Sovereign Gold Bond 2022-23 by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “The price for Series-I of the Sovereign Gold Bond 2022-23 is fixed at Rs 5,091/gm. Investment in Sovereign Gold Bonds has become an accepted practice, fast replacing physical gold. RBI has already raised in excess of Rs 16,000 crore in FY21, and over Rs 25,702 crore via SGBs since 2015. Investment in non-physical gold, digital gold provides hi...
Perspective on Sovereign Gold Bond 2022-23 by Mr. Nish Bhatt, Millwood Kane International
Perspective on Sovereign Gold Bond 2022-23 by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
18/06/2022 9:39:47 AM
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  The April IIP data has stood at an 8-month high. The industrial growth has grown on an MoM as well as a YoY basis. The steep growth on a YoY basis is due to a lower base of the previous year when large parts of the country were under a lockdown due to the second wave of the pandemic. Though the industrial growth has seen an uptick, it has been very erratic, it needs susta...
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
11/06/2022 5:04:31 PM
India's IIP growth jumps to 8-month high in April at 7.1% India's industrial growth, as per the Index of Industrial Production (IIP), rose to 7.1 per cent in April from 2.2 per cent in March, official data showed. April's industrial activity is reportedly the highest in 8 months. A quick estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 135.1. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2022 stand at 116, 132.5 and 194.5, respectively. ...
India's IIP growth jumps to 8-month high in April at 7.1%
India's IIP growth jumps to 8-month high in April at 7.1%
Source: IANS
11/06/2022 9:04:17 AM
Perspective on RBI monetary policy By Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI monetary policy By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International. “The RBI has yet again hiked rates, this was the second hike in two consecutive months - rarely has the central bank been so aggressive on rates. While the quantum of hike in repo rate was on the upper end of the market expectation. The RBI moving its focus to the withdrawal of accommodative policy signals the end of easy monetary policy. The RBI estimate o...
Perspective on RBI monetary policy By Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI monetary policy By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
8/06/2022 1:49:20 PM
Perspective on GDP Data By Mr. Nish Bhatt, Millwood Kane International Below is Perspective on GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  “ The Q4 & FY22 growth rate has been better than most estimates. GDP for FY22 rose 8.7% vs a contraction of 6.6% YoY, this was the highest growth rate in the previous five years. The Jan-March quarter GDP grew by 4.1% vs 2.5% YoY, however, on a QoQ basis, it was a dip. The agriculture output growth slowed down YoY, and manufacturing saw an uptick. Most grow...
Perspective on GDP Data By Mr. Nish Bhatt, Millwood Kane International
Perspective on GDP Data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
1/06/2022 12:06:38 PM
Perspective on Rupee hitting an all-time low By Mr. Nish Bhatt, Millwood Kane International Below is perspective on Rupee hitting an all-time low By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International The Indian rupee has depreciated nearly 6% in the past 1 year, in the process hitting multiple lows. The INR hit a fresh all-time low due to a rise in the Dollar index and concerns around global economic growth. The weak economic data around the world, especially in China has put pressure on the dollar index which hit a nearly two-decade high. Domes...
Perspective on Rupee hitting an all-time low By Mr. Nish Bhatt, Millwood Kane International
Perspective on Rupee hitting an all-time low By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
17/05/2022 4:21:01 PM
Perspective on CPI and IIP Data by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on CPI and IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  India’s Consumer Price Index (CPI) shot up to 7.79%, an eight-year high. This is for the fourth consecutive month that the retail inflation has remained above the 6% mark. Elevated food and crude prices have led to a spike in the inflation levels. On the IIP front, India witnessed a growth of 1.9 percent in March. Recently the RBI checked the interest rat...
Perspective on CPI and IIP Data by Mr. Nish Bhatt, Millwood Kane International
Perspective on CPI and IIP Data by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/05/2022 11:27:00 AM
Perspective on RBI Policy action By Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI policy action By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International. low-rate (party) ends after two years “In a surprise move the central bank hiked rates to keep the runaway inflation in check. It was deja vu of sorts as the RBI announced policy action that was out of their regular meeting calendar, as they did in May 2020. The hike in the repo rate is aimed at easing the high pressure of inflation. Whereas the hike ...
Perspective on RBI Policy action By Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI Policy action By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
4/05/2022 3:58:45 PM
Perspective on January CPI Data By Mr. Nish Bhatt, Millwood Kane International Below is perspective on January CPI Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International The retail inflation for the month of January has crossed the 6% mark. It has risen for a few months to a 7-month high. The rise in inflation is primarily due to rising food and fuel prices. Though the retail and wholesale inflation has been rising and stayed elevated for a few months, a soothing factor for the market has been the comment by the RBI Governor l...
Perspective on January CPI Data By Mr. Nish Bhatt, Millwood Kane International
Perspective on January CPI Data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
15/02/2022 11:21:59 AM
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on IIP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  The Industrial production data has been falling for three consecutive months now. The production data at near-zero percentage level coupled with rising inflation is a cause of concern, though the RBI has been clearly focusing on growth over inflation. Most of the components have been on a downward spiral primarily manufacturing, electricity, capital, consumer durables,...
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International
Perspective on IIP Data by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
12/02/2022 10:56:14 AM
Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International  The central bank keeping the key rates and policy stance unchanged is on expected lines. It is the right move as it will help sustain growth as the economy battles the challenges posed by the latest wave of the pandemic. The market has clearly cheered the RBI policy, the central bank has shown no sign of nervousness with regard to the government's b...
Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI`s MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
10/02/2022 2:36:04 PM
The government has spelled out its priorities very clear - Mr.Nish Bhatt, Millwood Kane International By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International - an Investment consulting firm “The government has spelled out its priorities very clear. The higher capex and thrust on infra are required to keep the growth rate high. Though there may be some concerns on a higher deficit, that is entirely for the development of key infra projects. The Make in India thrust along with a focus on infra will create the required number of new jobs for various age brackets. Rs 48,000 ...
The government has spelled out its priorities very clear - Mr.Nish Bhatt, Millwood Kane International
The government has spelled out its priorities very clear - Mr.Nish Bhatt, Millwood Kane International
Source: PR Agency
1/02/2022 3:38:55 PM
Year-end perspective on Gold By Mr. Nish Bhatt, Millwood Kane International Below is Year-end perspective on Gold by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ After two stellar years of returns, Gold prices underperformed most asset classes in CY21. Gold rose to all-time high levels in 2020 due to the uncertainties posed by the COVID19. The prices came off highs as countries started relaxing lockdown and re-opening for regular business activities. Inflows into equities meant a lot of funds flowing out of Gold E...
Year-end perspective on Gold By Mr. Nish Bhatt, Millwood Kane International
Year-end perspective on Gold By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
31/12/2021 2:19:45 PM
Quote on Year ender currency By Mr. Nish Bhatt, Millwood Kane International Below is quote on Year ender currency By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International The Indian rupee will end the year on a weaker note against the dollar for another year. Historically, the rupee has depreciated against the dollar in the range of 1-3% YoY, and this year was no different, the INR depreciated almost 2% vs the USD. The rupee traded in the range of 72.263-76.419, the rupee has recovered somewhat from the lowest level witnessed earlier in the mont...
Quote on Year ender currency By Mr. Nish Bhatt, Millwood Kane International
Quote on Year ender currency By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
28/12/2021 12:25:31 PM
Perspective on November CPI Data By Mr. Nish Bhatt, Millwood Kane International Below is perspective on November CPI Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The November CPI inflation at 4.91%, below most estimates, but core inflation above 6% is a cause of concern. The retail inflation has inched up for the past 3 months but stayed below the 5% mark. The rise in inflation has been primarily due to food and vegetables for the non-seasonal rains. The cool-off in food and crude prices is likely to r...
Perspective on November CPI Data By Mr. Nish Bhatt, Millwood Kane International
Perspective on November CPI Data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
14/12/2021 10:10:04 AM
Perspective on October IIP Data By Nish Bhatt, Millwood Kane International Below is perspective on October IIP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The October industrial production has slowed down on MoM & YoY basis, despite other indicators showing a recovery. The October IIP at 3.2% is below most estimates. The growth in IIP has been erratic and it slowing down despite October being a festive season month. This puts some doubts about the economic recovery that is underway. Most constitue...
Perspective on October IIP Data By Nish Bhatt, Millwood Kane International
Perspective on October IIP Data By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
11/12/2021 5:22:22 PM
Perspective on RBI MPC Policy By Mr. Nish Bhatt, Millwood Kane International Below is perspective on RBI MPC Policy By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The RBI maintained the status quo on key policy rates and policy stance was on expected lines. The RBI reiterating the fact that recovery is picking up pace and maintaining a 9.5% growth rate for FY22 was most encouraging. RBI Governor stating that its motto remains a soft landing, that is well-timed reflects well with it mopping up liquidity via VRRR...
Perspective on RBI MPC Policy By Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI MPC Policy By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
8/12/2021 12:18:38 PM
Perspective on Q2 GDP data By Mr. Nish Bhatt, Millwood Kane International Below is Perspective on Q2 GDP data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The Q2 GDP data at 8.4% is in line with most estimates, this pegs the H1FY22 growth at 13.7%. The recovery has been broad-based with most components contributing to growth. Mining, construction, real estate showed considerable growth. A good monsoon year reflected well with high agricultural output. Private consumption is likely to pick up as we near complete...
Perspective on Q2 GDP data By Mr. Nish Bhatt, Millwood Kane International
Perspective on Q2 GDP data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
1/12/2021 11:50:43 AM
Sovereign Gold Bond Tranche 8 By Mr. Nish Bhatt, Millwood Kane International Below is perspective on Sovereign Gold Bond Tranche 8 By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The price for the Sovereign Gold Bond tranche-8 has been fixed at 4791/gm. The Sovereign Gold Bond is an effective way of taking exposure to gold. There is storage cost, as the holding format is digital, plus the investor stands to gain a 2.5%/pa interest. The government has raised over Rs 31,000 cr of funds via the scheme. SGB is a favored rou...
Sovereign Gold Bond Tranche 8 By Mr. Nish Bhatt, Millwood Kane International
Sovereign Gold Bond Tranche 8 By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
27/11/2021 11:18:44 AM
Perspective on CPI IIP Data By Mr. Nish Bhatt, Millwood Kane International Below is perspective on CPI IIP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ After a fall in retail inflation for a few months, the CPI inflation has risen to 4.48% in October. The rise in inflation is a negative surprise, but this is still the fourth consecutive month that the CPI has remained in the RBI's target range. The rise in food and vegetable prices is primarily responsible for the rise in inflation. Core inflation abo...
Perspective on CPI IIP Data By Mr. Nish Bhatt, Millwood Kane International
Perspective on CPI IIP Data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/11/2021 9:10:36 AM
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on Sovereign Gold Bond Tranche-7 by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The price for the Sovereign Gold Bond tranche-7 has been fixed at 4761/gm. The gold bonds by the government have been a big success, as the government has raised over Rs 32,000 crores since its inception in 2015. SGBs are a superior option to invest in gold without having to worry about its storage cost, making charges in the case of gold jewelr...
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
23/10/2021 9:37:43 AM
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on RBI MPC announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The RBI kept key policy rates unchanged, policy stance accommodative was on expected lines. The central bank has stuck to its stated promise of keeping system liquidity excessive to help growth. The excess liquidity will help address the anemic growth in credit offtake. RBI retaining its GDP growth forecast for FY22 at 9.5% is a sentimental booster a...
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Perspective on RBI MPC announcement by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
8/10/2021 12:21:06 PM
The Indian rupee has been trading weak throughout this week​​​​​​​ By Nish Bhatt, Millwood Kane International Below are Views On The Indian rupee has been trading weak throughout this week By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The Indian rupee has been trading weak throughout this week. It fell to an over 5-month low on concerns of rising crude prices and its likely impact on inflation. Crude oil prices rose to a 7-year high post-OPEC meeting earlier this week that decided to not increase oil output. The weakness in most Asian currencies also...
The Indian rupee has been trading weak throughout this week​​​​​​​ By Nish Bhatt, Millwood Kane International
The Indian rupee has been trading weak throughout this week​​​​​​​ By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
6/10/2021 5:42:15 PM
Perspective on August 2021 CPI Data By Mr. Nish Bhatt, Millwood Kane International Below is perspective on August 2021 CPI Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “ The retail inflation data for the month of August has fallen to a 4-month low, it is better than most estimates. The softness in the retail inflation has been primarily helped by the fall in food and vegetable inflation. Supply-side issues were addressed by the progressive unlocking and a good monsoon year. The fall in food inflation is expected to...
Perspective on August 2021 CPI Data By Mr. Nish Bhatt, Millwood Kane International
Perspective on August 2021 CPI Data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
14/09/2021 8:32:36 AM
Perspective on Q1 GDP Data by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on Q1 GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International Line with estimates, the surge is primarily on account of the low base of the previous year when the country was under a national lockdown. The lockdown witnessed in April 2021 due to the second wave was not as strict as seen in 2020. Component wise - exports, manufacturing, construction, trade hotels & transport, private consumption helped the final GDP print, wherea...
Perspective on Q1 GDP Data by Mr. Nish Bhatt, Millwood Kane International
Perspective on Q1 GDP Data by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
1/09/2021 12:18:52 PM