Addressing India’s Inflationary Woes
Dr. Debesh Roy, Chairman, InsPIRE
The global economy is hamstrung with rising inflation and slowing growth. Inflation is now well-entrenched across the world, and is definitely not transitory in nature…
RBI’s June 2022 Monetary Policy : Driving Digitization
Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings, Delhi & Advisor, InsPIRE
The RBI’s June 2022 Monetary Policy has justifiably been in the news for the hike in the Repo rate by 50 bps to 4.90 per cent…
06-11 June 2022
RBI Intensifies its Attack on Spiraling Inflation
Dr Debesh Roy, Chairman, InsPIRE
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on 8th June 2022, unanimously decided to raise the policy repo rate by 50 basis points (bps), the steepest increase in more than nine years, to 4.9 per cent.
02-07 May 2022
RBI hikes Policy Repo Rate and CRR to address Rising Inflation
Dr Debesh Roy, Chairman, InsPIRE
In the face of an unabated rise in inflation, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), in an off-cycle meeting held on 2nd and 4th May 2022, decided to raise the policy repo rate by 40 basis points (bps) to 4.4 per cent, and the cash reserve ratio (CRR) by 50 bps to 4.5 per cent.
18-23 April 2022
Wholesale inflation surges to 4-month high in March 2022
Dr Debesh Roy, Chairman, InsPIRE
India’s Wholesale Price Index (WPI) inflation surged to a 4-month high of 14.55 per cent in March 2022, which was a sharp rise from 13.11 per cent in the previous month. This was the result of an unfavourable base effect (1.3 per cent in March 2021) and broad-based rally in global commodity prices, especially crude oil, due to the Russia-Ukraine conflict. With this, WPI remained in double digits throughout FY22. The average inflation at 12.94 per cent in FY22 is the highest in three decades.
28 Feb – 05 March 2022
India’s Economic Growth: Prospects and Challenges
Dr Debesh Roy, Chairman, InsPIRE
The prospects for India’s real GDP growth for 2021-22 received a setback with the latest official projection (second advance estimate of NSO, MoSPI, GoI on 28 February 2022) dropping to 8.9 per cent
Budget 2022
Union Budget 2022-23: A Blueprint for a $40 Trillion India @100
Dr Debesh Roy, Chairman, InsPIRE
The Union Budget 2022-23 is refreshingly growth oriented, futuristic and at the same time it aims to promote all-inclusive welfare.
01 – 08 January 2022
Indian Economy poised to grow at 9.2% in FY22
Dr Debesh Roy, Chairman, InsPIRE
The Indian economy is poised to grow at 9.2% in FY22
11 – 16 October 2021
Status of Inflation in India – September 2021
Dr Debesh Roy, Chairman, InsPIRE
India’s Consumer Price Index (CPI) inflation fell sharply from 5.3% in August 2021 to 4.35% in September 2021, coming closer to RBI’s medium-term inflation target of 4%, and continuing its declining trend for the fourth consecutive month
04 – 09 October 2021
Monetary Policy: RBI Retains Accommodative Stance, but Signals Beginning of Normalisation
Dr Debesh Roy, Chairman, InsPIRE
The Reserve Bank of India (RBI) retained its accommodative stance and kept policy rates unchanged in its latest monetary policy announced on 8 October 2021. However, the beginning of normalisation of policy stance by halting its bond-buying efforts, was evident.
The Maharajah’s Homecoming: Tatas win Bid for Air India
Bijetri Roy, MD & CSO, InsPIRE
Government of India (GoI), by announcing the Tata Group as the winning bidder for the sale of Air India on 8th October 2021, paved the way for the “Maharajah” to go back to the Tatas after seven decades
27 Sept – 02 October 2021
Brisk Core Sector Output Growth in August 2021
Dr Debesh Roy, Chairman, InsPIRE
India’s eight core industries witnessed a brisk 11.6% growth in output in August 2021, compared with 9.9% in the previous month, and 9.3% in June 2021.
20-25 September 2021
SENSEX at 60K+ : Hitting the “Bull’s” Eye
Bijetri Roy, MD & CSO, InsPIRE
SENSEX closed at 60,048.47 on 24th September, 2021, ear-marking a high in the graphs, since the 50,255.75 on 3rd February, 2021. In fact, BSE Realty and NIFTY IT indices…
New Milestone of 150.5 MT Kharif 2021-22 : Estimated Foodgrain Output
Dr Debesh Roy, Chairman, InsPIRE
India’s foodgrain production for the kharif season 2021-22 is estimated to reach a record 150.5 million tonnes (0.6% increase over 2020-21, albeit a decline in acreage of -0.1%), while growing at a five-year CAGR of 2%
Oilseeds and Commercial Crop Production in India : Kharif 2021-22
Dr Debesh Roy, Chairman, InsPIRE
The estimated production of oilseeds is set to decline by -1.4% to 233.9 lakh tonnes (LT) in Kharif 2021-22, from 240.3 LT in 2020-21, due to a decline in acreage by -1.3%
13-18 September 2021
Status of Inflation in India – August 2021
Dr Debesh Roy, Chairman, InsPIRE
Retail Inflation India’s retail inflation, measured by the Consumer Price Index (CPI), cooled down for the second consecutive month to 5.3% in August 2021, from 5.6% in the previous month
Performance Linked Incentive (PLI) Scheme for the Automotive Industry
Dr Debesh Roy, Chairman, InsPIRE
A PLI scheme for the automotive industry in India was announced by the Union Cabinet on 15September 2021.
National Asset Reconstruction Co Ltd (NARCL)
Dr Debesh Roy, Chairman, InsPIRE
The Union Finance Minister Ms. Nirmala Sitharaman on 16 September 2021 announced that the Reconstruction Company Ltd (NARCL) would be operational soon.
Relief Package for Telecom Industry
Dr Debesh Roy, Chairman, InsPIRE
Government of India on 15 September 2021 announced a major relief package for telecom companies, overburdened with regulatory dues.
Institute for Pioneering Insightful Research & Edutech Private Limited 