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...
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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...
502 Views