INFLATION and GROWTH – Global and Indian Perspective
Fed in on the inflation offensive and it is time for consolidation The US Federal Reserve has taken a determined stance against inflation raising its key benchmark rates an aggressive 75 basis points at the latest FOMC meeting in one of the highest rate hikes since 1994. The US Fed’s rate spike comes after a […]
RBI and economic challenges
The economy must look beyond FY22 challenges Intro: With a global stagflation-like condition, the economic ground work for a revival next year is underway. While there is much market mayhem going on, the economic front is facing an uphill battle in showing good growth rates. There was a glimmer of a revival after the pandemic […]
Digital Banking Units – a perspective
Digital Banking Units – a perspective RBI has recently released guidelines for Digital Banking Units [DBU] in pursuance of budget announcement to open 75 DBUs this year. Hon’ble PM would be launching commencement of operations of DBUs on August 14, 2022. DBU is a specialised fixed point business unit housing a certain minimum digital infrastructure […]
Insurance Broking Business– An investment perspective
Insurance Broking Business– An investment perspective Background: The overall size of insurance industry as measured in terms of Total Premium was ₹ 8,27,500 Crores (US$ 110 billion) in FY 2021 as per data collated from IRDA. This industry is expected to grow at a 17.8% CAGR to reach ₹ 39,00,000 Crores (US$ 520 billion) by […]
Fallouts of Inflation
Near term macro challenges – Indian economy Global inflation is surging, roiling the Indian economy. Markets fear that steep rate hikes could be the only way out The Ukraine-Russia conflict is fuelling higher prices of food and commodities. We have no visibility as to how long the sanctions could remain in place or what course […]
Direct To Consumer (‘DTC’) Brands
When and how did it all start? It is said to have started during eCommerce 2.0 in the mid-2000’s in the US when platforms such as Shopify, BigCommerce and Magento made it possible for vertical brands to make and sell their own products directly to consumers. Brands such as Diapers.com, Warby Parker, Bonobos, etc were […]
The Economic Impact of the Russia-Ukraine Conflict
The Russia-Ukraine crisis poses a challenge, but the equity asset market is resilient The Russia-Ukraine crisis has sparked an upward spiral in commodity and oil prices. Global authorities have imposed stringent sanctions on Russia, which will put additional pressure on global supply chains. Hence, pressure on global and domestic inflation is expected to rise. Russia’s […]
Open Banking
Never in the history of Indian Banking that so much is happening, in so short a time – be it payments, lending, collections – large scale disruptions and disaggregation of different segment of banking services – by various start-ups. To top it all, open banking as a concept has started gaining traction in India with enabling infrastructure […]
Budget 2022-23: From eyes of TCF Team
Pro-growth Budget is good for jobs, investments, and elevating income levels India is well over the mid-point in the journey to becoming a $5trillion economy crossing the $3 trillion mark in GDP. The recovery in growth in the face of the global covid-19 pandemic shows the resilience of the Indian economy. But it was still […]
The Paradox of Rising Inflation
Rising inflation and taper talks make cash flows the metric to watch Global equity and bond markets are faced with a paradox. As supply-chain disruptions, rising demand, and accommodative central banks create havoc with this one major macro-economic indicator, inflation, the immediate concern for policymakers is: when is the most appropriate time to begin to […]