Hint of Stagflation Highlights RBI Policy Error, but Exports Are an Island of Strength
India's money supply (M3) decelerated to just 9.8% YoY growth in June -- too slow for an economy that is seeing 7.7% real GDP growth and has an...
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Plunging Rupee - Troubles Times Ahead For India
The Indian rupee is taking a beating. Since January the currency has depreciated by 7.4% against the US dollar. The Indonesian rupiah, also under...
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India Monetary Policy – Has EM Turbulence Spooked the RBI?
This month the Reserve Bank of India joined the growing club of emerging market central bankers forced to raise policy interest rates to head off...
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RBI Raises Rates, but Will Likely Look Foolish when Inflation Moderates
The main impact of today's policy rate hike will be to bolster the rupee, and dampen the impact of fuel prices on headline inflation in June-July...
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The Investment-Led Rebound Accelerates to 7.7% Real GDP Growth
India's real GDP accelerated to 7.7% YoY growth in 1Q 2018 (from 7% in the previous quarter), led by a spectacular surge to 14.4% YoY growth in...
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