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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Chart of the Day: Cementing The Recovery
India's Q3 GDP data were better, but still some way from good. Gross Valued Added (GVA) growth picked up to 6.1% y/y from Q2's desperately...
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India: Making The (Up)Grade
Moody's decision to upgrade India's sovereign rating is long overdue given India's superior medium-term growth prospects and its impressive tempo...
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Chart of the Day: Taking The Pulse
Think Indian inflation dynamics and one word above all should spring to mind: pulses! These legumes might only account for 2.4% of the CPI basket...
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India: The Economy Is Turning Around Despite the RBI's Huge Policy Error
-India's plan to recapitalize the state-owned banks is audacious (injecting US$32bn of new capital) but simple (using the banking system's excess...
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