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…