June 2019 - Indian Economy & Business Analysis

Weekly Round Up – Week 24

The week saw important developments in the financial services sector with debt repayment by DHFL, issue of new rules by SEBI for credit rating agencies and resignation of auditors of Reliance Capital. On the other hand, economy had some good news with a jump in IIP growth rate and inflation numbers being in the comfort … Continue reading

Revisiting NBFCs (Non Banking Finance Companies)

NBFC sector has been receiving intense attention, most recently due to default by Dewan Housing finance Corporation Ltd (DHFL). The trouble which began about a year ago with the default of IL&FS has seen skeletons tumbling out of the closet. While RBI has proactively provided liquidity to the market, it has refused to bail out … Continue reading

GDP Growth – FY19 Performance Analysis

GDP growth declined for fourth successive quarter, reaching a level of 5.8% for quarter ended March’19, as per the data released by MOSPI recently. This is also the lowest quarterly growth rate in the five years of NDA-1 government. (How the government still came back to power is another story). Growth rate for the full year at 6.8% still looks more respectable. In absolute terms, GDP for the full year stands at Rs 140 lakh crore (constant price) and Rs 190 lakh crore at current price. Here is a look at the details. Continue reading GDP Growth – FY19 Performance Analysis

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