Chart of the Day: Achhe Din!
It is usual to start to the New Year with a horrible hangover. The Indian economy, by contrast, however appears to be finally shaking off the...
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India: Fiscal Slippage
Two recent developments confirm that India's chances of meeting its 3.2% of GDP budget deficit target for FY2018 are fading. First, data from the...
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Gujarat Election Setback: Modi Needs a Growth Revival Well Before May 2019
The Gujarat election results will be declared later today (18 December). All the exit polls suggested that the BJP would romp to victory there --...
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Chart of the Day: Down The Rabi Hole
India's Q3 GDP data showed a welcome re-acceleration in growth after five successive quarters of slowdown. But, at 6.1% y/y, Â gross value added...
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RBI: Hawkishly Neutral
RBI's Monetary Policy Committee (MPC) kept its key policy rate - the repo rate - unchanged at 6% as widely expected in a 5-1 split vote. While the...
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