Monetary Policy: A compass for rate action Premium Story
A 1-percentage-point hike in rates will cut growth by 20 basis points only
Boosting credit flows, especially from banks, is needed If India is to see sustained growth; The need is to address…
FY22 growth markdowns will mask deeper loss of incomes, with vaccine rollout key to sustained revival
Higher government spending can counter decelerating recovery momentum… this should be followed by result-oriented reforms to sustain growth
The rate cut and other liquidity facilities provided by RBI need to be enveloped in a package of macro and…
Transmission dynamics of lending rates are more complex than risk aversion … but, sticky bank Term Deposit rates were the…
On the revenue side, total gross taxes collected by the Centre (before transfer to states) will likely miss BE targets…
Growth-inflation mix in near term limits room for large policy stimulus… FY21 Budget has to explore ways to maximise impact…
The concern is of spillover into the ancillary service ecosystem. The sharp IIP de-growth was, in large part, due to…
While there is scope for significant transfer of RBI economic capital, this might increase embedded risk.
Demand slowdown likely to result in low Q4 FY19 GDP growth, signs of structural weakness warrant a coordinated policy response.
RBI has acted to infuse liquidity in a timely manner, but more micro-prudential measures might be needed to lower lending…
Overall government spend is projected to decelerate to 7.4% in H2, from 10.5% in H1, while an even sharper deceleration…
While exports are not along the lines hoped for, base effects played a large role in the September numbers. But,…
The Monetary Policy Committee (MPC) will have persuasive arguments either for continuing with a second consecutive hike in repo rate,…
The Technical impact of 2018-19 kharif MSP hikes on CPI inflation is estimated at 110 bps. the actual rise will…
The rupee (INR) has weakened sharply against the dollar (USD); since the lows of below-63.50 to the dollar in January,…
Prima facie, large withdrawals aren’t because of a change in the denomination mix. Until this behaviour is better understood, a…
