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TMS Ep407: Milk crisis, rising rentals, IT Q4 results, RBI's pause & pivot

Is India staring at a milk shortage? What do increasing rentals tell us about the economy? Will Q4 results of IT majors surprise the Street? What's RBI monetary policy's pause and pivot? Answers here

Team TMS New Delhi
TMS Ep407: Milk crisis, rising rentals, IT Q4 results, RBI’s pause & pivot

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2 min read Last Updated : Apr 13 2023 | 2:47 PM IST

India’s daily glass of milk has been getting costlier. And according to RBI Governor Shaktikanta Das, it is likely to remain high going into the summer. The government, meanwhile, is also mulling importing some dairy products. So why is the world’s largest milk producing country struggling to meet the demand?   

And it is not just the prices of dairy products. Home rents too are shooting through the roof. For techies in Bangalore, landing a job has become easier than finding a house to live in. Rents in the country’s technology hub have almost doubled in the last one year. Mumbai, Pune and Delhi have also seen a jump in rents. So what does it tell us about the Indian economy? And will it nudge people into buying homes? 

Meanwhile, Indian IT services companies, most of which are headquartered in Bangalore, are set to kick-start the Q4 earnings season from Wednesday. As the global macro makeup remains volatile, how will the sector perform in the March quarter? 

Markets heaved a sigh of relief when RBI hit the pause button on rate hike.  While announcing the decision, RBI Governor Shaktikanta Das said, “It’s a pause and not a pivot”. What do these two terms mean? Listen to this episode of the podcast for the answer and more.  

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Topics :milk productionHousing rentQ4 ResultsRBI

First Published: Apr 10 2023 | 8:56 AM IST

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