Discover and read the best of Twitter Threads about #Kharif
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Union Ministers @PrakashJavdekar and @nstomar addressing the media on #CabinetDecisions
Union Ministers @PrakashJavdekar and @nstomar addressing the media on #CabinetDecisions
#CabinetDecisions
Railways to be provided 5 Megahertz spectrum in 700 MHz band
Will make rail travel safer
Optical Fibre is being used currently; with the availability of spectrum there will be radio communication
- @PrakashJavdekar
#Cabinet
📹
Railways to be provided 5 Megahertz spectrum in 700 MHz band
Will make rail travel safer
Optical Fibre is being used currently; with the availability of spectrum there will be radio communication
- @PrakashJavdekar
#Cabinet
📹
RBI credit policy on 4thDec raised GDP forecast for FY21,from minus 9.5% to minus 7.5%;GDP growth will turn +ve in Q3 at 0.1%&0.7% in Q4
Remarkable speed of the turnaround amidst worst pandemic in 102yrs has lots to do with @narendramodi govt's blistering pace of Agri #Reforms💪
Remarkable speed of the turnaround amidst worst pandemic in 102yrs has lots to do with @narendramodi govt's blistering pace of Agri #Reforms💪
CPI in Sep&Oct'20 came in at 7.3%&7.6% and that is precisely why RBI did not lower rates&rightfully so
WPI came at 1.32%&1.48% in Sep&Oct 2020
Supply disruptions&labour shortages,key reasons for high CPI
CPI will fall to 6.8% in Dec&5.8% in Jan2021
Accommodative stance by RBI
WPI came at 1.32%&1.48% in Sep&Oct 2020
Supply disruptions&labour shortages,key reasons for high CPI
CPI will fall to 6.8% in Dec&5.8% in Jan2021
Accommodative stance by RBI
Inflation target for 1HFY22 by RBI has been kept@4.6-5.2% range
Core inflation is sticky,feeding into high inflationary expectations but resumption of normality will ease supply bottlenecks&ease #Core
#Accommodative stance leaves window open for rate cuts,albeit not immediately
Core inflation is sticky,feeding into high inflationary expectations but resumption of normality will ease supply bottlenecks&ease #Core
#Accommodative stance leaves window open for rate cuts,albeit not immediately
#RetailInflation in Sep@7.34%,Vs 6.69% in Aug,is due to rise in food price index which rose from 9.05% to 10.68%,MoM
Uptick in #foodinflation is temporary &driven by #COVID related supply disruptions--We had bumper crop last year&FY21,should see bumper agri production,yet again!
Uptick in #foodinflation is temporary &driven by #COVID related supply disruptions--We had bumper crop last year&FY21,should see bumper agri production,yet again!
By Dec,#CPI should ease& inflationary pressure will abate,due to #BaseEffect& #Kharif arrivals
Note:Kharif sowing was up between 50-88%,for most crops,despite #lockdown
With INR@73.11/$ level,threat of imported inflation is minimal
#CoreInflation at sub 6%,bodes well
#economy
Note:Kharif sowing was up between 50-88%,for most crops,despite #lockdown
With INR@73.11/$ level,threat of imported inflation is minimal
#CoreInflation at sub 6%,bodes well
#economy
#IIP contraction in Aug at 8% Vs 10.8% in July,is driven by relatively better numbers from #Mining& #ConsumerNonDurables
After record #ManufacturingPMI of 56.8 in Sep,#ServicesPMI at 49.8 Vs 41.8 in Aug,is a good sign💪
#TradeDeficit in Sep@ $2.9 Vs $10.9,in Sep2019,bodes well
After record #ManufacturingPMI of 56.8 in Sep,#ServicesPMI at 49.8 Vs 41.8 in Aug,is a good sign💪
#TradeDeficit in Sep@ $2.9 Vs $10.9,in Sep2019,bodes well
#July #RetailInflation has come@ 6.93% YoY
CPI for April&May,7.22% &6.27%
#Lockdown related supply disruptions led to spike
In hindsight,#RBI's decision not to lower #REPO in Aug meet,stands vindicated
June #CPI revised from 6.09%,to 6.23%&March revised up,from 5.84% to 5.91%
CPI for April&May,7.22% &6.27%
#Lockdown related supply disruptions led to spike
In hindsight,#RBI's decision not to lower #REPO in Aug meet,stands vindicated
June #CPI revised from 6.09%,to 6.23%&March revised up,from 5.84% to 5.91%
June&March revisions led by revisions in #FoodInflation
For example,revised food inflation in June is 8.72%,Vs earlier figure of 7.87%
#July food inflation@ 9.62% saw a sharp rise,driven by rising meat,fish&vegetable prices
#Rural inflation in July was 7.04%,Vs #Urban@6.84%
For example,revised food inflation in June is 8.72%,Vs earlier figure of 7.87%
#July food inflation@ 9.62% saw a sharp rise,driven by rising meat,fish&vegetable prices
#Rural inflation in July was 7.04%,Vs #Urban@6.84%
Good bit in July inflation number is #FuelInflation@ just 2.8%
#CoreInflation in July,excluding food&energy,is slated to be in 5.8-5.8% range
Core inflation in June was 5%&3.8% in March 2020--Spike in July,gives added reason not to lower #REPO which is at 20 year low,currently
#CoreInflation in July,excluding food&energy,is slated to be in 5.8-5.8% range
Core inflation in June was 5%&3.8% in March 2020--Spike in July,gives added reason not to lower #REPO which is at 20 year low,currently
#Sensex@36000+ for 1st time since 11thMarch
Rupee/$ 75.01,best since 27th March
#BajajAuto sales@2.78Lakh units, for June,up 119% MoM
#GST revenues for June,90917Cr
#AxisBank to raise $2bn from PEs
RBI commences 30000Cr special liquidity scheme for NBFCs&HFCs
#GreenShoots
Rupee/$ 75.01,best since 27th March
#BajajAuto sales@2.78Lakh units, for June,up 119% MoM
#GST revenues for June,90917Cr
#AxisBank to raise $2bn from PEs
RBI commences 30000Cr special liquidity scheme for NBFCs&HFCs
#GreenShoots
#HeroMotoCorp,world's largest wheeler company,sold 4.5 lakh units in June 2020
This is a massive 302% growth over 1.12 lakh units,despatched in May 2020
This stellar performance came,in midst of a raging pandemic
Leftists& #Twitternomists, quiet😑
#GreenShoots #Modinomics💪
This is a massive 302% growth over 1.12 lakh units,despatched in May 2020
This stellar performance came,in midst of a raging pandemic
Leftists& #Twitternomists, quiet😑
#GreenShoots #Modinomics💪
#UPI transactions in June hit all time high of 1.34 billion in terms of volume,Vs 1.23 bn in May2020
Value of June transactions was Rs 2.62 lakhCr,as per #NPCI data,Vs 2.18 lakh Cr in May
Huge surge in UPI trades,big vindication of #Demonetisation& #DigitalIndia
#GreenShoots
Value of June transactions was Rs 2.62 lakhCr,as per #NPCI data,Vs 2.18 lakh Cr in May
Huge surge in UPI trades,big vindication of #Demonetisation& #DigitalIndia
#GreenShoots
#Locust Thread
An avg #locust swarm, can have 40~80 million locusts that can devour as much food in 1 day as 2,500 people or 10 elephants. In the first breeding period, locusts increase by 20 times; in the second, by 400 times; and, in the third breeding period, by 16,000 times.
An avg #locust swarm, can have 40~80 million locusts that can devour as much food in 1 day as 2,500 people or 10 elephants. In the first breeding period, locusts increase by 20 times; in the second, by 400 times; and, in the third breeding period, by 16,000 times.
#Locusts are actually spl kinds of grasshoppers known for their gregariousness, which means their bodies actually change as they socialize into swarms, change color and grow bigger muscles as they gather into massive clouds, moving 150 Km/day across landscapes & devastating crops
Desert locusts only lay eggs in moist soil. When heavy rains come in to saturate the desert, locusts—ever the opportunists—breed like mad and fill the soil with their eggs, perhaps 1,000 per square meter of soil. When those eggs hatch, they have plenty of vegetation to eat.
