Do it yourself

  Motherhood is inarguably one of the most impactful events in this universe. It is a miracle that sometimes even defies the laws of nature. It is a beautiful and strong emotion having power to transform societies and cultures. However, the physical process of motherhood is usually not the same for all women. For some it is a smooth transition from conception to delivery. For some it is a troublesome period of pregnancy followed by a normal healthy delivery. These women could suffer morning sickness, high blood pressure, anemia, swelling in feet and face, elevated blood sugar level, etc. Though these conditions normalize post-delivery and usually have no impact on the child’s health. Few women need to use medical intervention to get impregnated. There are some cases where a woman would get impregnated, but is unable to retain the fetus and suffers miscarriage. There are also some cases where the pregnancy is smooth but the delivery is troublesome. Very similar has been the case...

As per the latest data available, the capital expenditure (capex) growth the new project announcements were down significantly in 3QFY21, the quality of projects has improved materially. The new public sector projects are mostly in infrastructure sector, with state governments taking the lead over central government. The private sector projects are mostly in manufacturing sector driven primarily by the production linked incentive (PLI) scheme announced by the central government. On the consumption side, the real wages for non-government non-financial sector have continued to decline for fourth successive quarter in 3QFY21. The employee cost for this sector is presently at lowest level in a decade. I note the following trends from some recent brokers’ reports relating to new capex. Phillips Capital analyzed the recent capex data published by CMIE and noted the following: ·           New projects announced in 3QFY21, at Rs 801bn, were lower 22%...