Modi Govt also Fails to Control Inflation

One of the most essential thing in Good Governance is the stability in Core Inflation. Despite, modifying the constituents and benchmarks to suit to the reportable needs of the Government, Inflation refuses to come down as Commission Agents & Traders get Rich quicker.

CPI inflation jumped to ~6.9% YoY in July, up 70bps from June. Fresh spike in vegetables and sustained rise in commodities (oil, gold, etc) pushed headline higher. Amongst components, food inflation picked up 80bps to 8.7% YoY. The high and rising food inflation was driven by spike in perishables like vegetables, meat and fish. But other items such as cereals, pulses, milk and

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Modi Govt Funds Startups using PSU Money – HPCL Invests in RedRoom Technology

The Government of India led by Mr. Narendra Modi has started funding innovative Startups using Money from the Public Sector Undertakings [PSU]. PSUs are companies owned and operated by the Government of India and most of its employees are Government Employees even though the companies are formed under the Indian Companies Act.

Which is the Startup Funded by Modi Govt’s through PSU ?
The Startup we are referring to is RedRoom Technology Pvt Ltd. They are the manufacturers of Women’s hygiene products viz. menstrual cups, sanitary pads, tampons, etc under the brand name Sanfe. The company was incubated in IIT Delhi and the institute is a shareholder of the company. The Government has invested in Redroom using the Cash from

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WealthTech has Highest Number of Startups in Indian Fintech

India has witnessed a increase in the wealthy population due to the booming Information Technology industry and services oriented to the same. Against this backdrop, India has witnessed many disruptions in the wealth management industry, where wealth managers are leveraging technology to offer low-cost investment advisory to mass segments.

Discount Online BrokingBSE & NSE brokers once upon a time largely dominated by two communities have taken investors for a ride with shady & non transparent business practices. There was a problem to be addressed and Startups are encashing on the same – These Tech digital brokers charge clients significantly lower fees than traditional ones and offer only online trading facilities, but no research supports or financial advice. Because of the low-cost structure, discount brokers are quite popular among

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Views from Delhi Economic Corridor

Many believe a stable government is likely led by Narendra Modi and his allies. The Modi led BJP Govt wasted a Big Mandate of 5 Years without any Economic Reforms / Industrial Policy that can lift India out of the Recession.

The top bureaucrats in Delhi highlights the economic priorities for the Government over the next term are likely be continued macro-economic stability (fiscal control and inflation targeting), lowering the cost of capital, encouraging private sector investment, improvement in the speed of the banking sector clean-up, GST stabilisation, tourism and uplifting the bottom of the pyramid with a specific focus on farmers.

Yet some kickers, like allowing banks to fund land for affordable housing projects, and some policies for the development of the institutional/HNI owned rental market would be possible. We believe economic growth could disappoint on the downside unless the property markets revives. The fast normalisation

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Historical Rise in Minimum Support Price of Indian Agricultural Products

The recent months have seen a sharp decline in farm output prices on the back of increased farm output. This in turn has resulted in large-scale protests by farmers, which has forced various state governments to announce farm-loan waiver schemes. We note that the recent decline in inflation is largely due to sharp decline in prices of certain food items.

FY2007-13 saw large increases in minimum support prices (MSP) of agricultural products Minimum support prices for crop year, March fiscal year-ends, 2007-17 (Rs/100 kgs)

The Following Chart

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Economics of POS Vs ATM in India for Banks

India is still under-invested in both ATMs and POS [Credit Card Point of Sale systems]. The ATM industry, in their view, has enormous potential to grow in the medium term. This is evidenced even in countries where digital payment has shown higher acceptance rates. We have the debit card/ATM card population currently.

The economics of POS business favors issuing banks as compared to acquisition (Customer) banks. This is primarily because most of the MDR [Merchant Discount Rate] fees are taken by the issuing bank which results in a skewed investment scenario.

For example, the competition’s response to

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