Indian Economy & Market Magazine - April 2023

In this issue

Fuel Your Portfolio with Gas Stocks
Investors keep on looking for sectors and companies that will help them to outperform the broader equity market. One of the sector with some of the robust companies that comfortably can beat the performance of BSE 500 is Gas sector.
A series of regulatory changes, better economic growth accompanied with consistent focus on climatic changes will act as perfect tailwind for Gas Stocks in short term and long term.
& other regulars

World Bank's Latest India Development Update

India’s growth continues to be resilient despite some signs of moderation in growth, says the World Bank in its latest India Development Update, the World Bank India’s biannual flagship publication.

3 mins

Bill Gates is at it Again Plotting a Global Pandemic Prison State

Bill Gates advocates once again for a Global Health Emergency Corps, ensconced at the WHO and managed by the same people who created the pandemic response this time around. In other words, it would be the core of the global government pushing more lockdowns for the world—lockdowns to wait for another round of vaccines. He has learned nothing from the last mess that he created. Indeed, he is completely shameless about it. In his view, the only problem is that we didn’t lock down fast enough, get vaccines out fast enough, and conduct enough research ahead of time to craft the perfect vaccine. Jeffrey A. Tucker says, Gates is the de facto owner of the World Health Organization himself, so his push for a permanent pandemic bureaucracy carries a lot of weight.

6 mins

FED'S MODELS ARE EMPIRICALLY FALSE

The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They’re not. Under volatile conditions like these they gap up and down — they don’t move in rational, predictable increments. Fed’s models are empirically false. Equilibrium models like the Fed uses basically say the world runs like a clock and occasionally it gets knocked out of equilibrium. And all you have to do is tweak policy or manipulate some variable to push it back into equilibrium. They treat markets like they’re some kind of machine. But Twenty-first-century markets aren’t machines and they don’t work in this clockwork fashion. The Fed uses equilibrium models to understand an economy that is not an equilibrium system; it’s a complex dynamic system. The Fed uses the Phillips curve to understand the relationship between unemployment and inflation when 50 years of data say there is no fixed relationship. James Rickards tries to put the record straight.

4 mins

Indian Drug Regulation Needs a VITAMIN

The Indian pharmaceutical industry ranks third internationally in volume. India is a chief exporter of pharmaceuticals with more than 200 nations served by Indian pharma exports. India supplies more than 50% of Africa’s requirement for generics, around 40% of generic demand in the USA, and around 25% of all medicine in the UK. Although India is proud of being the ‘pharmacy of the world,’ it would be right to say that the drugs regulatory bodies and laws must take the spate of oft-warnings more seriously. In the recent past, India has been beaten by a few mega pharma worries. The world mostly depends on the Indian pharmaceutical industry. However, growing worries over quality and the absence of drug regulations policy lead to the query of whether India is dwindling in its role.

5 mins

Fuel Your Portfolio With Gas Stocks

The Cabinet Committee on Economic Affairs has approved recommendations of the Kirit Parikh committee on natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10%. From April 1, APM gas will be priced at 10% of the price of basket of crude oil that India imports. The rate such arrived at however will be capped at $6.5 per million British thermal unit as against current gas price of $8.57 per mmBtu.

10+ mins

The So-Called 'Market Wisdom'

It is said that the market will soar in the year before an election and stocks tend to rise or fall depending on the month. These are some of the oldest Wall Street aphorisms.

2 mins

Vijay Kedia's Mantras

This sounds very obvious but few of us have the courage to do this. In his blog, Vijay Kedia writes “If you follow certain principles in stock market, then the worst situation in market is the best situation to invest”.

3 mins

Adani Wilmar Revenue Crosses ₹55,000 Crore

Adani Wilmar has achieved nearly 14 per cent growth in volume in the last fiscal, helping the company’s revenue to cross Rs 55,000 crore. The company’s total income stood at Rs 54,327.16 crore in the previous year. Adani Wilmar sells edible oil and other food products under Fortune brand.

1 min

JSW Steel reported its highest ever crude steel production

JSW Steel has reported its highest ever consolidated crude steel production at 24.15 million tonne in FY23, registering a growth of 24 per cent year-on-year.

1 min

IPO: FY24 pipeline strong

The IPO pipeline this year is also very strong. A total of 54 companies are holding Sebi approval to raise Rs 76,189 crore.

1 min

Read all stories from Indian Economy & Market

Indian Economy & Market Magazine Description:

Indian Economy & Market Magazine is a monthly magazine published by Scintilla Communications LLP in Mumbai, India. Indian Economy & Market magazine is known for its in-depth coverage of the Indian economy and markets, as well as its insights from leading experts in the field. It covers a wide range of topics related to business and economics, including:

* Economic news and analysis: Indian Economy & Market Magazine covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Market news and analysis: Indian Economy & Market Magazine also covers market news and analysis, including stock market trends, commodity prices, and currency movements. The magazine also provides insights from leading analysts on how to invest in the Indian markets.
* Industry news and trends: Indian Economy & Market Magazine also covers industry news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: Indian Economy & Market Magazine also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Personal finance: Indian Economy & Market Magazine also features articles on personal finance, such as investing, saving, and retirement planning. These articles help readers to make informed financial decisions.

Indian Economy & Market Magazine is a valuable resource for anyone who is interested in business and economics in India. It is a must-read for anyone who is looking to stay informed about the latest economic and market trends in the country, or who is looking for insights from leading experts in the field.