India: What Now After Urjit Patel's Resignation?
The RBI Governor resigned yesterday, only the second time that a sitting RBI Governor has resigned before his term has ended. The last time this...
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India: No Reversal in Interest Rate Trajectory Yet
As expected, the Monetary Policy Committee (MPC) kept the repo rate unchanged at its meeting yesterday. This was widely expected post the continued...
584 Views
India: Slower Growth and Low Inflation Imply a 50bp Cut in Policy Rates over the Next Half Year
India's real GDP decelerated to 7.1% YoY growth in July-September 2018 (from 8.2% YoY in the previous quarter), primarily because net exports...
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India: Why Are Services Exports Not Rising?
India’s (net) services exports has historically been an important offset to widening deficit on the merchandise account. However, last few years...
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India: Trade Balance Continues to Worsen, but There Is a Silver Lining
India’s trade balance continues to worsen. In the last three months (August – October), the trade deficit increased by 32% YoY. But the sharp fall...
574 Views