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”

Modi’s Comeback! – The Economic Rationale…

NDA coalition led by Prime Minister Narendra Modi has made an emphatic comeback after a bitterly fought and a vitriolic campaign! Despite the distress in rural economy, joblessness and disruptions caused due to various measures taken during the last five years, the nation has put back its faith in the government. So, how has Modi did it?? What has clicked with the masses? Here is a look at the economic rationale for the victory. Continue reading “Modi’s Comeback! – The Economic Rationale…”

Understanding the Dynamics of Oil Market…

Oil prices continue to gyrate declining over last two weeks after rising by over 40% during Dec’18-April’19. Its movement before that too has been equally intriguing. While price appears to be stabilizing at this level, there is nothing to assure that it would not move, either ways. So what exactly is driving the oil market? […]

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 […]

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. […]

WPI Inflation – FY’19 Trend Analysis

Average WPI (wholesale Price Index) inflation for FY19 settled at 4.3% (provisional) as per the data released by Ministry of Commerce & Industry some time back. Monthly inflation during the year fluctuated in the range of 2.8 – 5.7% . While monthly inflation data shows lot of volatility, it is important to look at the […]
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