Trade Numbers

Why India may have to worry about rising Trade Deficit… The trade numbers announced by the Ministry of Commerce for the month of April 2017 had some key concerns for India’s macroeconomic robustness. The data was announced at a time when the first green-shoots of trade recovery are seen around the world. Trade deficit, is…

GST Perspectives

What you actually need to know about GST… With the GST rates for most of the goods and services being announced by the GST Council, the government may be on track for its July 01st launch. While a lot of noise has been made about the favorable and unfavorable rates for various sectors; that is…

Trump Worries

Trump Worries For India, it may be all about short term disruption… During the week the markets were terribly roiled by the controversy surrounding Donald Trump. Firstly, markets were disappointed that Trump had made little progress on the tax reforms front. Secondly, allegations of Russia rigging the US elections and Trump sharing sensitive information with…

Monsoon Forecast

What they could actually mean for the Indian economy… Like in most years, the rainfall estimates have diverged. While the government owned IMD has forecast an above normal monsoon this year, the privately owned SKYMET has forecast a below-average monsoon this year. The difference arises from the interpretation of the likely impact of the El…

OPEC versus Shale

Who could have the upper hand in the crude oil game? Ever since the OPEC announced its oil supply quotas in November 2016 and implemented it in January 2017, the oil prices have been on an up-trend. However, over the last few weeks, Brent Crude prices have come under stress due to surfeit of supply…

French Elections

There are positive takeaways from the Macron victory… Indications of a clear lead for centrist leader Emmanuel Macron were already there in the opinion polls. But the extent of victory was far larger than what even the most optimistic estimates had put out. For the global markets, it will be a sigh of relief even…

The Patanjali Story

What other FMCG companies can learn from their growth… Baba Ramdev’s Patanjali has clocked fabulous sales of Rs.10,000 crore for the full year 2016-17. This makes Patanjali the third largest FMCG Company in India after Hindustan Unilever and ITC. From sales of Rs.450 crore in 2011, the company has grown to Rs.10,000 crore in 2017;…

Brent Crude Oil

Oil may be staring at a really tough year ahead… With the price of Brent Crude dipping below the $50/bbl mark, the market has given up on most of the gains that it saw since the OPEC supply quotas were first implemented in November last year. There is already the uncertainty over whether the OPEC…

Fed Holds Rates

The only worry is whether US growth is actually faltering… The US Fed, not surprisingly, decided to hold on to rates in its Fed May meet. However, the Fed has clarified that this is only a temporary pause and the trajectory of rates remains upwards. The Fed has also clarified that they are on target…