The equity market has been an interesting indicator of the way the Modi government has performed in the last 3 years. The market, being what …
What are the implications of a stronger Indian Rupee for the economy?
One of the big economic stories of the last 3 months has been the strength of the rupee. In fact, back in December 2016 when …
Core Sector & PMI Manufacturing Growth in 2017
The Core Sector number for the month of March 2017 and the PMI Manufacturing number for the month of April; both surprised on the upside. …
RBI to have far-reaching powers to resolve NPA of banks…
The Ordinance to amend the Banking Regulations Act 1949, which was cleared by the Cabinet on 03rd May obtained presidential asset on May 05th. With …
Monetary Policy Committee Discussion
The minutes of the discussion of the Monetary Policy Committee (MPC) that concluded on 06th April were released on 20th April. Like the previous 3 …
CPI Inflation Touches a 5-Month High on Non-Core Pressure
The Consumer Price Index (CPI), a measure of retail inflation, touched a five-month high of 3.81% for the month of March 2017. The higher retail …
FRBM Committee Report: Things to Know
The Fiscal Responsibility and Budget Management (FRBM) Act was passed in 2003 to bring about an institutional mechanism to keep fiscal deficit under check. Fiscal …
Important Components of IIP
After an encouraging 2.7% growth in the Index of Industrial Production (IIP) for the month of January 2017, the expectations were quite high for the …
Impact of Imports and Exports on Trade Deficit
The trade data for the month of March 2017 had few surprises in store. The exports continued to grow positively for the 6th consecutive month. …
RBI Monetary Policy Keeps Status Quo on repo Rates
The RBI Monetary policy was announced on April 06th under fairly mixed circumstances. A lot has changed in the last few months since the demonetization …
