India’s current account turned to a surplus of 0.6% of GDP in Q4FY24 from a deficit of 1.0% in the previous quarter. The current account improved due to a steep correction in the merchandise trade deficit. The merchandise trade deficit…
Panorama June 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: In FY24, corporate…
The US Federal Open Market Committee (FOMC) held the Federal Funds Rate steady in the 5.25-5.50% target range at the June 2024 meeting. However, the FOMC dot plot revised rate cut projections for 2024 downward to one rate cut from…
In May 2024, India’s Consumer Price Index (CPI) inflation eased to 4.75% YoY from 4.83% YoY in the previous month. Core inflation, which excludes food and fuel, fell to a series low of 3.12% YoY from 3.25% YoY in April…
We are excited to present the latest addition to our Spotlight series: ‘India’s Wallet: Insights into Household Sector Finances.’ This report offers a comprehensive analysis of the financial landscape of India’s household sector and its significance for the Indian economy….
In the June 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. The policy stance also remained unchanged to ensure anchoring of inflation expectations and fuller policy transmission. The monetary policy continues to…
What are the economic implications of the NDA’s narrow majority in the 2024 General Elections? Refer to the Note for detailed insights.