Quote on IIP Numbers from Economist Mr. Siddharth Shankar, Director, KASSA GROUP

“The rise in the IIP numbers is nothing to be surprised, the numbers have been very volatile and the lower base is resulting in these numbers being on the higher side. The inflation is high and it would be difficult for RBI to cut the interest rates. Going forward too I do not expect any significant improvement if we nullify the low base impact.”

Mr. Siddharth Shankar, director, KASSA India

Siddharth Shankar, a well known Economist of the country, is associated with KASSA Group as director. He has done BA hons from Sri Ram College of Commerce and pursued his MBA from Belgium. Apart from this he holds a degree of D.G.C from Italy and G.D from USA. Mr. Shankar started his career as a diamond specialist at a tender age of 19. With time he acquired specializations in the field of finance and ultimately settled down as an Economist.

His more than a decade’s expertise in the field of macro economics, has made him explore the depth and strength of the Indian Economy. With his persistent hard work and detailed research work over the years, he has recognized himself as the virtuoso to tackle financial barriers encountered by his clients. Mr. Shankar is the regular contributor to the subjects like IIP, Inflation, GDP, CRR etc. Due to his in-depth knowledge of these topics, he has been placed in various reputed news channels and publications of the country. Other than, Macro economics, Mr. Shankar has also explored the horizons of commodities sector. His comprehensive knowledge on the various factors affecting different commodities in our country has added another field to his expertise areas.

Mr. Shankar has also gained proficiency in the structuring financial products for companies to overcome the financial risks engendered due to their international exposure to money and commodity markets. His skills and proficiency has also given him the valuable opportunities to get involved with marketing systems of Giant search engines like Google, Yahoo, to derive maximum efficiency of their campaigns. Product Conceptualization and web based product marketing are his other, expertise areas.

Mr. Siddharth Shankar, Expert Economist quote on Inflation Numbers

"Inflation number coming down today is more statistical than anything else and nothing much should be read from this number. Any number above 7 is not good and limits room for RBI to cut rates. Food prices would continue to rise and if Diesel prices go up by Rs. 5 we would see further pressure on prices in the coming months. Coupled with this would be the poor monsoon, effect of which would get reflected in the months of Oct and Nov. RBI may chose to combat inflation over growth for the time being."

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Mr. Siddharth Shankar, Expert Economist quote on IIP Numbers

“While the numbers may look good but to my mind they still represent a slowing Indian economy. Factory output will remain subdued in India for most of this year and maybe a year more. Even if see a rise in output, overall growth will remain weak. To my mind RBI has almost no room to cut rates and monetary action will not really help the economy. The inflation numbers that will come now should be higher and would probably be the highest amongst the emerging economies. While we talk of policy action from the government’s side, I think they too have a very little room to make policy changes. Government cannot come with policies that are detrimental to the nation for the sake of industry. To my mind Industry has to do its bit in improving it productivity and efficiency. While central banks like The Bank of Korea, the People’s Bank of  China, the European Central Bank and the Bank of England all eased monetary policy this month the case with India is different, we have a consumer level inflation of about 12%.”

RBI Policy/Comments from Economist Mr. Siddharth Shankar, Director, KASSA GROUP

“Interest rates were kept unchanged ad that was expected. I was expecting the CRR to be cut by 50 basis points looking at the liquidity situation. The decision has been contrary to what Brazil and China has done. To my mind growth will not happen merely by monetary policy it has to happen from the policy front and that has to come from the government.  To my mind interest rates would have a very low bearing on growth at the current stage of the Indian economy.

To my mind the stance that RBI has taken will not result in reducing inflation but it will have an indirect effect of reducing consumption of goods, mark me, not consumption of  food. This is very important for India as we cannot afford to waste money on consumption.”

Mr. Siddharth Shankar, Expert Economist Quote on inflation numbers

“Indian inflation is moving as expected. While the slowdown has added pressure on the Reserve Bank of India to reduce interest rates I feel interest rates are not enough to propel the economy. It is a complex situation for the central bank. Weak rupee and continuing inflation limit its headroom for RBI. At most the RBI will lower the rate by a quarter of a percentage point. India’s fiscal deficit and food prices are among risks to inflation and falling rupee adds to the woes of the RBI. India also faces a trade deficit that swelled to a record $184.9 billion in the fiscal year ended March. India’s pace of price increases remains the fastest in the largest emerging economies.”

Mr. Siddharth Shankar, Expert Economist Quote upon IIP numbers

“Indian industrial production as expected but I am still not sure if it lead RBI to cut interest rates. I think the issue that we must realize is not high borrowing costs but high level of in-efficiency in the system. The issue is not high interest rates but tighter liquidity. Even if the RBI reduces the rate by 25 basis points, it will have no substantial impact on growth. Demand is falling across the globe and in the coming years we would see that countries will focus a lot on domestic production to ensure employment. It would be difficult for India to bounce back on the recovery path till structural changes are made and structural changes take time to show results. Indian trade deficit is at a record high and inflation is not falling

Fall in the mining number is a long term negative for the economy and a .1 % growth in manufacturing is no growth number. India is in a situation of slow growth and high inflation and coupled with this is the poor rainfall that is expected this year. While everyone is banking upon the consumption of the Indian economy I view it very differently, India needs to reduce consumption and spend on production and productivity.

I expect a major employment crisis that India will face in the coming quarters.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Mr. Siddharth Shankar, Expert Economist quote on Inflation Numbers

“The rise in the CPI was expected after the WPI numbers came out. I think RBI will not be concerned too much about this number as the inflation is food driven and RBI feels food inflation can be handled by the government only. I feel RBI will not reduce rates anytime soon but may look at in-fusing temporary liquidity into the system. ”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Mr. Siddharth Shankar, Expert Economist quote on Inflation Numbers

“The sharp jump in inflation has come about 2 months earlier than what I had anticipated. Going forward the inflation will continue to rise, we are still to see a hike in the fuel prices, this will further add to inflation. The inflation would go higher because of higher vegetable and milk prices. The inflation numbers released today will result in a pause from the side of the RBI. The situation is very tricky; we have low growth and high inflation. To my mind the only solution is higher productivity and financing to sectors that result in output growth and not merely consumption growth.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Mr. Shankar's quote on IIP number released on 11th, May'12

“I have been talking about the data being dismal and that is the reason that I had forecasted the 4th quarter GDP of India being close to 5.25%. The data released today is no surprise. Contraction is happening and will continue to happen till we set right the basics of agriculture and efficiency.  Manufacturing is done by 4.4% which not only reflects poor off take but also poor sentiment that is expected in the coming months. The capital good is down sharply reflecting a long term negative sentiment of the industry. If we look at the capital goods sector on a sequential basis and compare it last year the picture is much more bleak. On the consumption side too demand seems to have dried up. Thus from both the perspective i.e of the manufacturer and the consumer the numbers do not give any positive signals. April will see some upward numbers but the basic sentiment will continue to remain weak. RBI should not cut the rates in the next meeting as IIP alone is not enough to make them cut rates.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on S& P Outlook

"The outlook downgrade is no surprise, it is just that someone has come and told us what we actually know. I do not expect the 4th qtr GDP number of the last fiscal to be more than 5.5% and going forward too, the  probability of its going up sharply is low. US is stable and trying to settle, Europe is still struggling and it would be couple of years before Europe gets into a stable mode, growth will come post that. The way inflation in India is moving and the way RBI has cut interest rates the probability of savings going up is not there. Since banks offer a -ve interest rate gold imports will continue to rise putting pressure on the rupee and thus further inflation. I do not see oil prices coming down anytime soon thus worsening the deficit  situation. In case the monsoon plays a spoil sport this year we are in for very bad times.

The government faces perhaps one of the widest budget deficit among the emerging economies and borrowing needs for 12-13 are huge. The gap last year was about 6% and going forward there is no reason to believe that the deficit will fall. In case it falls due to disinvestment or auction of natural resources like the spectrum liquidity will be pulled out of the system which again would mean further inputs from RBI and thus inflation.

At the current stage of the Indian economy monetary policy or fiscal policy will be of no help, we need to improve efficiency, cut consumption and ask banks to lend to businesses as easily as they lend to buy cars."

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on RBI Policy

“To my mind a 50 basis point rate cut was too aggressive. By cutting the rate by 50 basis points RBI has thrown the ball of growth into the court of the government.

This rate cut will lead only to demand that has for the first time started moderating and thus was helping contain inflation. Weak rupee, oil price increase, increased imports all will lead to higher inflation. While the RBI feels that inflation will be range bound, to my mind it is dependent on a number of external factors that are beyond our control. The way Indian trade deficit is moving I see rupee moving to the range of 54 to a dollar which in turn means inflation. Govet borrowing is not expected to fall, which in turn means inflation. The only way inflation can be contained is if the world economies don’t pick up and commodity prices remain low, which no one would want. Thus to my mind inflation is here to stay with substantial upside risk.

The GDP projection of 6.9% is too optimistic and to my mind it should not be over 6.5% for the entire 11-12. For the next year the way global economy is moving the GDP numbers may not be too impressive. Even if they are they need to co-related to what has constituted to their increase. Thus, whatever are the projections for the next year only reflect a status quo in terms of growth for the economy.

Going forward I would not expect RBI to reduce further anytime soon.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets. 

Expert Economist Mr. Siddharth Shankar on the latest Inflation numbers

The WPI figures released today do not seem to be very comforting, the inflation is up across the board. Food inflation is here to stay in the coming months and with the rupee depreciating I feel that non-food articles inflation will continue to see an upward move. Based on the IIP numbers I feel that demand is falling but at a slow rate, thus demand pull may not contribute to the overall inflation but supply side inflation will continue to remain and would keep pressure on the overall inflation. Personally I feel that RBI should not cut the interest rates in the meeting on April 17, 2012. The macro economic factors still do not favour a rate cut. Saving rate is dropping, the liquidity in the system still remains tight -  thus rate cut would not help and rupee is deprecating and will continue to do so.

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on IIP Numbers

“The IIP numbers released today point towards a very good picture. Looking at the numbers it seems that going forward the inflation would come somewhat under control as demand would ease. While the growth numbers of manufacturing are on the lower side but this was very much expected and this decline to my mind is very seasonal in nature and we should see a revival of the manufacturing number in the March figures. Looking at the current numbers I would not expect RBI to cut the rates in the next week’s meeting.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets. 

Expert Economist Mr. Siddharth Shankar on Food Grain Availability

“To meet the minimum nutritional needs we must produce at least 320 million tones. Further he adds, a farmer cannot be encouraged unless bank financing to his is a 100 percent basis and on better terms.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar

For the quarter 3, I expect GDP Growth to fall further from the 6.9 per cent (in the second quarter) to touch 6.2 per cent to 6.5 per cent.

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr.Siddharth Shankar on RBI Policy 2012-13

“RBI is right in maintaining the repo rates and reducing the CRR. The companies who can produce efficiently can borrow at 12% and have no problem, those who cannot do work efficiently must close, the RBI is not here to subsidize in-efficient organizations.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets. 

Expert Economist Mr.Siddharth Shankar on Economic Survey 2012-13

“To me the economic survey is too optimistic for the current fiscal as also for the growth prospects of the future. I would peg this year’s growth below 6.5% and going forward too I do not expect it to be much higher. The world scenario does not look very promising in the next 2 years. The fiscal deficit too cannot be controlled anytime soon. Fiscal deficits, inflation, growth are things that take a long time to stabilize and settle and cannot happen in a span of 1-2 years. To my mind the oil prices would continue to remain high in the coming years and the BOP situation of India will worsen, resulting in pressure on rupee. The inflation too would continue to remain high in rel terms. 

No monetary policy or fiscal policy can substantially help  at this point in time, what is required is a government policy that helps competition, policy that promotes agriculture, policy that promotes lending in the right sectors, policy that promotes equitable distribution of credit to all, policy that thus not let credit being given to a selected few and not getting concentrated , policy that promotes innovation and efficiency. Banks have to think intelligently while lending, they have to take risk.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on the monthly inflation numbers 14th March 2012

“The inflation will continue to seed an upward trend till the 2^nd quarter of this year. The food inflation will be on the rise and coupled with this would be fuel inflation. Going forward in 3^rd quarter of this year food prices may moderate but I expect the fuel inflation to move up sharply. To my CRR ratio reduction is not the primary cause of inflation. The changing food patterns are the cause and even fiscal measures cannot combat that. It is only focus on agriculture that will reduce inflation.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets. 

Expert Economist Mr. Siddharth Shankar on the monthly Inflation numbers 15th Feb 2012

Inflation is on a rise on a sequential basis this inflation is broad based. The figures released today cast a doubt if RBI Would cut rates in their next quarter review. I expect Food inflation to rise sharply going forward thus putting further pressure on inflation. Manufacturers Products inflation should remain range bound over the coming months.

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on the latest RBI Policy 24th Jan 2012

The CRR cut announced today would not have any impact on the industry or the credit growth, it is merely reflecting the fact that RBI is willing to act when required. RBI had reduced the rupee liquidity by approximately  40,000 cr in the 3d qtr of the current fiscal when it has sold dollars to contain the fall of rupee. What it has done by reducing the CRR is to get the liquidity back to the levels of Sep 2011. The average borrowing of banks each day has been to the tune of 1.25 lac cr, which is double of what it should ideally be. Inflation still remains a major concern and inflation will not get contained because it is happening due to structural and international issues. Oil prices have a risk of spiralling upwards and the probability of the government containing its deficit is also very low.

If the GDP of 3d qtr remain in the 7 % range I have my doubt if RBI would cut rates in April. The banks are still risk averse and would remain so till the business environment is good. The credit growth to my mind will continue to remain low for the first half of the current calendar year.

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on the latest Inflation numbers 19th Jan 2012

“The inflation numbers released today have shown an increase on a sequential basis, going forward I feel the inflation will stabilize at the current level before taking an up move in the 2^nd quarter of the current calendar year. RBI, I still feel would not ease the interest rates as the GDP growth rates are in a comfortable situation.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets. 

Mr. Siddharth Shankar, Expert Economist quote on Inflation Numbers

“The inflation numbers are on expected lines and would continue to remain range bound till about Feb 12. Thereafter, we should see the numbers going up. In case RBI reduces rates in April we will see demand pull inflation also creeping into the economy.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.

Expert Economist Mr. Siddharth Shankar on the latest Inflation numbers Jan 5th 2012

“The inflation is tapering off both on the up-side as also down side. We should see this flattening to continue till Jan end-Feb and then the inflation numbers should rise. We have not had winter rains and this will have an adverse impact on inflation in the coming years.”

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.