Categories: Weekly Dose

The Signal (weekly highlights)

  1. FDI Inflows in the country

India’s total foreign direct investment (FDI) inflow rose by 62 per cent to USD 27.4 billion during April-July 2021 as compared to USD 16.9 billion during April-July 2020

A stable government, strong economic growth, robust domestic demand, economic reforms and a young workforce are just some of the reasons that FDI investments are growing in India.

  1. E-Way Bills

 Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system was up by 10.4 per cent at 2.2 million for the week ended 19 September 2021

This surge in generation reflects a pick-up in economic activity ahead of the festival season. The E-way bills have a direct link with the GST collections and serve as a good leading indicator of the GST collections

  1. Kharif food grain

Record production is pegged in rice, sugarcane and cotton. However, production of coarse cereals and oilseeds is estimated to be lower marginally during the kharif season of this year.

Record production will help in keeping the food inflation under check while lowering the pressure on the overall consumer inflation.

  1. Palm oil to hold down the food inflation

India’s palm oil imports in 2021/22 are likely to drop 9% from a year earlier on a rise in domestic supplies, as farmers expand the area planted with oilseeds in response to record high prices

India has been one of the biggest importers of palm oil from Malaysia and a drop in imports can impact the palm oil prices there. Palm oil imports in the last year stood at 8.35 million tonnes which can fall to 7.6 million tonnes in the next year

  1. India UAE plan to increase bilateral trade

India and UAE plan to conclude CEPA by the end of the year with the aim to lift trade between the two countries by 70% in five years

India’s major exports to the UAE include precious metals, stones, gems, food items, engineering and machinery products and chemicals. These sectors can get a big boost once the free trade agreement comes into consideration

Fisdom Research

Share
Published by
Fisdom Research

Recent Posts

Diwali Picks 2024

This Diwali, we present a portfolio that reflect both sector-specific and stock-specific opportunities. With 2…

3 weeks ago

Expert Recommended Stocks

Thank you for showing interest in taking a BTST position using our Delivery Plus product.…

4 months ago

Congratulations! Your 30-minute FREE session is confirmed.

Thank you for showing interest in the consultation on trading strategies!Our expert will reach out…

7 months ago

How to sell shares of unlisted companies?

Even if you are a new participant in the stock market, the process of buying…

1 year ago

Interest Coverage Ratio – Meaning, Types, Interpretation & Importance

A company’s debt position can be gauged using the interest coverage ratio or ICR. This…

1 year ago

Muhurat trading timings 2023-24: Indian stock exchanges

Muhurat Trading, a cherished tradition in the Indian stock market, takes place on Diwali, the…

1 year ago