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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
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 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 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 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
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
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 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 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
Perspective on CPI IIP Data By Nish Bhatt, Millwood Kane International Below is perspective on CPI IIP Data By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International After staying above the 6% mark for two months, the CPI inflation for the month of July cooled off to below 6% which is a 3-month low level. The CPI inflation is down mainly due to softness in food, vegetables, pulses, and ease in the supply chain which was affecting prices. The July inflation at 5.59% is still below the RBI estimate of around 5.7% for FY22. The centra...
Perspective on CPI IIP Data By Nish Bhatt, Millwood Kane International
Perspective on CPI IIP Data By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
13/08/2021 8:30:54 AM
Perspective on IIP Data By Nish Bhatt, Millwood Kane International Below is perspective on IIP Data By Nish Bhatt, Founder & CEO, Millwood Kane International “ Industrial production grew at 134% for the month of April 2021 despite lockdown. There cannot be an absolute comparison as the astonishing figure is due to its comparison to the data recorded last year for the same month (April 2020) where most parts of the country were facing a severe lockdown. The industrial growth has slowed down 13% if compared month on month (Marc...
Perspective on IIP Data By Nish Bhatt, Millwood Kane International
Perspective on IIP Data By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
14/06/2021 8:39:26 AM
Perspective on Sovereign Gold Bonds Tranche 2 by Nish Bhatt, Millwood Kane International Below is perspective on Sovereign Gold Bonds Tranche By Nish Bhatt, Founder & CEO, Millwood Kane International “ The price for the second tranche of Sovereign Gold Bond has been fixed at Rs 4842/gm. Based on their risk profile investors should look at allocating 5-15% of their capital to Gold. Sovereign Gold Bond is a better alternative to physical gold as there is no risk of theft, storage charge, and to top it up it comes with an interest-bearing coupon. Gold ...
Perspective on Sovereign Gold Bonds Tranche 2 by Nish Bhatt, Millwood Kane International
Perspective on Sovereign Gold Bonds Tranche 2 by Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
22/05/2021 1:32:37 PM
Below is 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 hitting a 4-month high in March, the CPI inflation for the month of April eased to 4.29%, near the central point of the RBI target. The inflation figure is a result of the low base recorded last year, coupled with softening of food prices and stable fuel prices. The softening of inflation is a positive development for RBI, though the risk of inflatio...
Below is perspective on CPI IIP data By Mr. Nish Bhatt, Millwood Kane International
Below is perspective on CPI IIP data By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
12/05/2021 7:57:37 PM
Quote on Gold buying on Akshaya Tritiya By Nish Bhatt, Millwood Kane International Below are Quote on Gold buying on Akshaya Tritiya By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The love for the yellow metal among Indians is no secret, and buying gold on Akshaya Tritiya is considered auspicious. But this time around gold buying may get affected due to the outbreak of the second wave of COVID in cities in India. It is advisable for investors and gold buyers to not venture out during these times and opt for digital/paper gold instead o...
Quote on Gold buying on Akshaya Tritiya By Nish Bhatt, Millwood Kane International
Quote on Gold buying on Akshaya Tritiya By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
12/05/2021 12:46:11 PM
RBI Monetary Policy By Mr. Nish Bhatt, Millwood Kane International Below are Views On RBI Monetary Policy By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The status quo on key rates and the Accommodative policy stance by the MPC was on expected lines, it has been so for almost a year now to support the economic recovery. RBI's intent to continue with easy monetary policy till growth picks up pace, GDP, and inflation trajectory despite COVID-related disruptions is a positive development. Though RBI’s view on inf...
RBI Monetary Policy By Mr. Nish Bhatt, Millwood Kane International
RBI Monetary Policy By Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
7/04/2021 1:50:34 PM
Views On RBI`s Monetary Policy By Nish Bhatt, Millwood Kane International Below are Views On RBI’s Monetary Policy By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “MPC keeping key rates unchanged for the fourth consecutive time was on expected lines. The central bank keeping the policy stance accommodative indicates its intention to act on rates if the need arises. After the FM, RBI Governor has projected above 10% GDP growth for next year. CPI inflation trajectory by RBI indicates supply situation issues normalizing. &...
Views On RBI`s Monetary Policy By Nish Bhatt, Millwood Kane International
Views On RBI`s Monetary Policy By Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
5/02/2021 2:05:52 PM