India’s WPI Inflation eases 12.41% in August Apr 3, 2023 | 2022(September), Blog 15th September, 2022 According to the data released by the Ministry of Commerce & Industry, Inflation based on wholesale price index (WPI) dropped to a 11 month low of 12.41% in August’22 as compared to 13.9% growth of July’22. Inflation during the […]
Steering India’s Steel Sector Globally Apr 3, 2023 | Blog The Indian steel sector is modern and has always strived for continuous modernization of older plants and up-gradation to higher energy efficiency levels. As of October 2021, India was the world’s second-largest producer of crude steel, with an output of 9.8 MT. Being a major […]
India’s IIP growth rebounds in November, Retail inflation eases to 5.72% in Dec Apr 3, 2023 | 2023(January), Blog January 13, 2023 CPI December The Consumer Price Index (CPI)-based inflation rate eased to 5.72% in December. It was 5.88% in November, and 6.77% in October 2022.Food inflation, which accounts for about 40% of the inflation basket, came in […]
India’s IIP grew by 2.4% in July Apr 3, 2023 | 2022(July), Blog The index of Industrial Production (IIP) is an indicator that measures short term changes in the volume of production of industrial products during the given period. Measured by the index Industrial Production (IIP), industrial output in July’22 grew by 2.4% as against […]
India’s Credit Ecosystem Apr 3, 2023 | 2022(November), Blog 24th November, 2022 India is one of the fastest growing economies & one of the elements of this thriving economy is financial inclusion, which comprises giving all people & organizations access to financial services and products that are suited to their requirements and available at reasonable […]
India’s CPI rises to 7% in August Apr 3, 2023 | 2022(August), Blog India’s inflation measured via the consumer price index (CPI) rose to 7% in August compared to 6.71% seen in July. The uptick was mainly led by a seasonal rise in food inflation, which accounts for nearly half of the CPI basket. Food […]
Green Hydrogen – Fuel of The Future Apr 3, 2023 | Blog Introduction You might have come across the terms ‘grey’, ‘blue’, ‘green’ being associated when describing hydrogen technologies. It all comes down to the way it is produced. Hydrogen emits only water when burned but creating it can be carbon intensive. Depending on production […]
Fed rate hike continues – another 75-basis point Apr 3, 2023 | Blog continued to increase much over the Fed’s target rate. Fed officials except the problem to linger into next year. In a statement, the Fed official said, “In determining the pace of future increases in the target range, the committee will take into […]
Fed raises rates by 75 bps to 3% – 3.25% range : September FOMC Meeting Apr 3, 2023 | 2022(September), Blog September 22,2022 Summary The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections […]
Fed delivers a smaller hike, indicating improved inflation outlook Apr 3, 2023 | 2023(February), Blog FOMC Meeting February, 2023 On February 1, US Federal Reserve hiked its interest rate by 25bps taking the range to 4.50% – 4.75%. This 25bps hike represents yet another deceleration in the Federal Reserve’s monetary policy tightening campaign. The Central […]
