Expert Economist Mr. Siddharth Shankar comments on the latest Food Inflation Rates
Although the inflation numbers for this week are higher as compared to the previous week, I do not see these numbers to be alarming and the inflation will continue to be stable till about June - July 2011.
- (1888PressRelease) December 18, 2010 - “Although the inflation numbers for this week are higher as compared to the previous week, I do not see these numbers to be alarming and I would not shift my previous thought that the inflation will continue to be stable till about June - July 2011. The non - food article index although has shown a decline but to my mind this decline is only temporary and in the coming month we should see the rise in the index of non - food articles. With regard to fuel and power this index would continue to be stable in the coming months.
The food inflation is due to structural problem and thus, I would not see the sharp decline in this index. Over all, while the inflation would moderate but the inflationary pressure would continue due to higher domestic demand and higher commodity prices.
Over the last few months we have seen the liquidity in the system on the tighter side and RBI has taken some measure to increase the liquidity. In view of these measures of RBI I expect the inflationary pressures in the economy to remain. I think at this point in time a continued vigilance on the inflation is required.”– Mr. Siddharth Shankar.
Mr. Siddharth Shankar is a leading Economist & Financial Expert. He is 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. His 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 Macroeconomics he can provide a detailed analysis on the subject for your esteemed publication.
For your reference appended is a brief profile of KASSA India.
Kassa group of companies is a Delhi based Financial Services Organization and apart from other associated companies consists of the following:
• Kassa Finvest Private Limited
• Kassa Holdings & Consultants Pvt. Ltd.
• Kassa Financial Advisors Pvt. Ltd.
Kassa Finvest Private Limited is active in capital market, derivatives market, research, internet trading & providing platform to professional traders. It is a member of National Stock Exchange of India, OTC Exchange, Derivatives Exchange, Interconnected Stock Exchange in the & Currency Exchange in the Year 2008.
Kassa Holdings & Consultants Pvt. Ltd. is active in spot and derivatives market of the commodities market and provides research, commodity trading, internet trading and providing platform to professional traders. Kassa Holdings is a member of the Multi Commodity Exchange.
Kassa Financial Advisors Pvt. Ltd. is active in distribution of selected IPO’s, mutual fund & Research.
Kassa has pan-India presence and is a growing network. The Company believes in people power and their technical strength has been at the core of adding value to the company’s growth. Not only do the people of Kassa stand out because of their technical brilliance, but they also deal with projects and problems with maturity, stability and commitment to the organization. Management of Kassa consists of highly qualified professionals from various disciplines.
A strong research team of competent and experienced professionals work continuously to pick up the best investment opportunities for the company’s valuable customers. The activities of the group also provide the synergy for optimizing the growth of business by adding greater value to our clients' business.