Expert Economist Mr. Siddharth Shankar's comment on IIP Numbers

Top Quote Please find below a quote on the latest IIP numbers by well renowned Economist, Mr. Siddharth Shankar, Director, KASSA. End Quote
  • (1888PressRelease) August 13, 2011 - "The IIP numbers released today, while are very encouraging but are negative when looked from a larger perspective. The whole number has got inflated due to Capital goods, something that cannot show such large swings. If we exclude this swing of capital goods, the consumer durables is dismal and point towards a long term slow down. I expect the numbers to fall sharply in July. The silver lining is the intermediate goods which have shown a rise of 1.9 % as against 0.9%. The full impact of the rate rise would be seen in the months of July when we would see a sharp fall in the consumer durables number. Same goes with the numbers of consumer goods. I expect the numbers to be somewhat better in August and then again we should see a decline in the numbers."

    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 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.

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