The US Federal Open Market Committee (FOMC) held the Federal Funds Rate steady in the 5.25-5.50% target range at the May 2024 meeting. The Fed reduced the pace of quantitative tightening to $60 bn from $95 bn earlier.  At the…

Panorama April 2024 edition is out now! Panorama is a meticulously crafted report that offers a comprehensive view of the macro factors and market trends shaping India’s economic landscape. Here are the key insights from the report: India has experienced…

In March 2024, India’s Consumer Price Index (CPI) inflation eased to 4.85% YoY from 5.09% in the previous month. Headline CPI inflation declined due to sharp deflation in fuel prices. Fuel price inflation decreased to -3.2% YoY from -0.8% in…

In the April 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. The policy stance also remained unchanged, with the MPC committed to aligning inflation with the 4% target on a durable and…

India’s Current Account Deficit (CAD) marginally narrowed to 1.2% of GDP in Q3FY24 from 1.3% in the previous quarter. The current account remained stable as the rise in services exports and inward remittances offset the higher merchandise trade deficit. The…

Panorama March 2024 edition is out now! Here are the key insights from the report: Gross Domestic Product (GDP) improved from 8.1% YoY in Q2FY24 to 8.4% YoY in Q3FY24, while Gross Value Added (GVA) slowed from 7.7% YoY to…

During the March 2024 meeting, the US Federal Open Market Committee (FOMC) decided to hold the Federal Funds Rate steady in the 5.25-5.50% target range and maintained the outlook for three 25 bps rate cuts in 2024. The FOMC revised…

In February 2024, India’s Consumer Price Index (CPI) inflation remained flat at 5.09% YoY. Food inflation increased to 7.8% YoY in Feb’24 from 7.6% YoY in the previous month. Core inflation, however, eased to an all-time low of 3.35% YoY…

In Q3 FY24, India’s GDP recorded a robust growth of 8.4% YoY. The second advance estimates revised FY24 GDP growth higher to 7.6% YoY from the earlier estimate of 7.3%. The Q3 GDP was boosted by strong growth of 32%…

Panorama February 2024 edition is out now! Panorama is a meticulously crafted report that offers a comprehensive view of the macro factors and market trends shaping India’s economic landscape. Here are the key insights from the report: The increase in…