Index of Industrial Production (IIP) – FY19 Performance Analysis

Index of Industrial Production (IIP) recorded growth of 3.6% for the year ended March’19 as per the data released by MOSPI last week. The growth is markedly lower than average growth of 4.5% in the last two years. More worryingly, the performance for the last quarter has sharply come down to 0.5% from over 5% … Continue reading Index of Industrial Production (IIP) – FY19 Performance Analysis
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Weekly Round Up – Week 19

The week was marked by release of NSSO report generating considerable debate on credibility of GDP data, important directions by the Supreme Court on cases related to real estate developers and results announcement by major banks. National Sample Survey Office (NSSO) report on service sector enterprises has generated serious debate on GDP figures. The 74th … Continue reading Weekly Round Up – Week 19

Least Developed Countries (LDCs) – An Overview..

Development of Least Developed Countries (LDCs) and bringing them out of poverty remains a grave challenge for global agencies. Despite serious efforts being made to kick start their economies, the pace of progress remains insufficient. Even though social strife has affected growth in some of these countries, there are several others which are lagging purely … Continue reading Least Developed Countries (LDCs) – An Overview..
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Weekly Round Up – Week 18

It was an eventful week with release of some annual economic data, series of adjudication by regulatory bodies and turmoil again in debt and MF market with downgrades of some debt papers of Reliance Capital and NCLAT decision. Continue reading Weekly Round Up – Week 18

Shell Companies – The Menace and The Modus Operandi

In its second attack on shell companies, government struck-off about 100,000 of them from the Ministry of Corporate Affairs (MCA) register during FY19. In FY18, it had de-registered over 2.25 lakh such companies and disqualified over 3 lakh directors. Over 1.2 lakh of them are further facing scrutiny and may be removed during this year. … Continue reading Shell Companies – The Menace and The Modus Operandi
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