India: RBI Fears Realised as Retail Inflation Continued to Accelerate in May

RBI to Raise 2H FY19 CPI to 5%+; India Behind the Curve in Rate Cycle; Expect 50bp Rate Hike in 2H

Larsen & Toubro (LT IN) Q1: Base Effect Helps Deliver a Good Quarter but Will that Be Enough?

RBI Raises Rates, but Will Likely Look Foolish when Inflation Moderates

Misaligned Forex Policy+5% Plus Core CPI=Rate Hikes; Expect Hikes in Jun & Oct And Possibly Also Mar

India Politics: Another Blow for BJP in By-Elections, Is This the Beginning of 'The End'?

The Investment-Led Rebound Accelerates to 7.7% Real GDP Growth

Asia focused research insights & advisory, Asia Advisors

Vinay Patel

Asia focused research insights & advisory

Asia Advisors

Asia Advisors is an independent financial advisory and research firm working closely with corporates and institutions to provide consulting solutions & research insights. We provide advisory services including capital solutions, business strategy and investment insights.
Firm is headed by Vinay Patel who has close to two decades of experience in research and business development at large, international investment banks such as HSBC and ICICI Securities. Led research efforts in areas of Macroeconomics, Asset Allocation & Investment Strategy for close to a decade in global & domestic research teams. As a business head in Singapore, advised top global investment management firms & Portfolio managers in Asia for India related investments.
Vinay was recently joined by Swapnil Manish, an investment banker and ex-ecommerce entrepreneur with more than 12 years of experience. Swapnil was the TMT banker at BNP Paribas and was part of several large M&A and ECM transactions (Bharti-Zain, Bharti Infratel IPO, Schneider-Zicom among several others). He's also had a stint as an ecommerce entrepreneur having launched & led Mumbai's first online grocery player.

Thematic (Sector/Industry)

<p>RBI moved to hike repo rate by 25bps to 6.25% although it has maintained the policy stance at neutral thereby keeping its options open. Markets interpreted the unchanged stance it as dovish signal and had a good rally but to us nothing in the policy was dovish. RBI listed out in good detail as to how the composition of inflation has changed and how it finds the trace of persistence in core inflation. It has stressed on input cost pressures that were also reported in the manufacturing survey it…</p>

RBI moved to hike repo rate by 25bps to 6.25% although it has maintained the policy stance at neutral thereby keeping its options open. Markets interpreted the unchanged stance it as dovish signal and had a good rally but to us nothing in the policy was dovish. RBI listed out in good detail as to how the composition of inflation has changed and how it finds the trace of persistence in core inflation. It has stressed on input cost pressures that were also reported in the manufacturing survey it…

RBI Rate Hike May Not Be A One & Done Deal; Stance Neutral but Tone Hawkish