Most economists’ forecasts for RBI have not just been wrong, but egregiously so, for the last six months.
RBI surprised many in the markets, but not us, by deciding to keep its key policy rate unchanged. Increased global…
The Reserve Bank of India’s (RBI’s) new monetary policy regime has got off to a dovish start by trimming policy…
Outgoing RBI governor Raghuram Rajan’s final policy review had a mildly hawkish hue with the perceived upward tilt to inflation…
RBI chimed a relatively hawkish note following its latest policy review, underscoring our view that, while a final 25bps rate…
A 25 bps cut is most likely, but a more impactful 50 bps cut cannot be completely ruled out
India’s ‘policy space’, however, is expanded by commodity deflation, in contrast to most other EMEs
The largely synchronised nature of the deceleration across the EM universe suggests common shocks
While India’s growth rate shoots past China’s, it cannot offset peaking Chinese demand for industrial commodities
The finance minister has delivered a mildly expansionary, business-friendly Budget that prioritises a return to 8-8.5% GDP growth in FY16…
