Global Economic Woes Mask India's Policy Confusion
Recent monetary policy and fiscal policy announcements have not been encouraging, but in fact confusing. RBI, as we shall see below, now has two...
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Raining Cats and Dogs - July 16
In our June newsletter, we had highlighted that uncertainty over Brexit vote and FOMC meet would induce stock market volatility, and the ensuing...
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INDIA: Downside Risk to Rupee as Trade Data Remain Weak
After 18 months of consistent decline, exports recorded a marginal uptrend in June 2016 while the rate of decline in imports slowed. Exports grew...
291 Views
New Capital for India's Banks:Â Microscopic
The government’s capital injection for India’s state banks is miniscule compared with what they may need. The data is not hidden, so it is unclear...
314 Views
Masala Bond Market: HDFC Makes a Start; Ride Unlikely to Be Smooth; INR Outlook to Guide This Market
HDFC has become the first Indian issuer to a masala bond after it raised Rs30bn (US$450m) by selling a 3-year one-month maturity rupee denominated...
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