India: Modi Launches "surgical Strike" on Black Economy
Surprise de-monetisation move to combat corruption: In a surprise announcement on 8 Nov, PM Modi declared that INR500 and INR1000 notes would...
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Demonetisation:20% High-Value Notes May Be Destroyed, a Hit of 1-2% of GDP; Move a Long-Run Positive
Demonetization of high-value currency notes (Rs500 and Rs1000 denomination) has slowed down activity levels significantly given that cash...
205 Views
India: RBI Faces a Tough Balancing Act
Business sentiment is optimistic, but credit is an issue: According to the latest Ficci Business Confidence Survey, the Overall Business...
143 Views
Global Competitiveness Index 2016: Winners and Losers in Asia
India is surging in global competitiveness, gaining 16 positions in the rankings - the largest gain of any country ever. Backed by expanding...
155 Views
Exports Add to Cyclical Momentum, but Valuations Are Stretched
With the current account set to swing to a surplus this year, and FDI inflows robust, the Indian rupee will outperform EM currencies. Although...
147 Views