India’s current account recorded a deficit of 1.2% of GDP in Q2FY25, compared to 1.1% in the previous quarter and 1.3% in Q2FY24. The higher merchandise trade deficit was offset by an improvement in the services surplus and an increase…

Panorama December 2024 edition is out now! Here are the key insights from the report: India’s GDP growth slowed to a seven-quarter low of 5.4% YoY in Q2FY25. The manufacturing sector dragged down GDP growth in Q2, while services remained…

The US Federal Open Market Committee (FOMC) cuts the federal funds rate range by another 25 basis points (bps) to 4.25-4.50% in the December 2024 meeting. The FOMC Dot Plot projects 50 bps of rate cuts in both 2025 and…

India’s Consumer Price Index (CPI) inflation eased to 5.48% YoY in November 2024 from 6.21% in the previous month. The decline in headline inflation was largely driven by a fall in food inflation to 8.2% YoY in November 2024 from…

The RBI Monetary Policy Committee (MPC) decided to maintain the repo rate at 6.5% in the December 2024 meeting, with the monetary policy stance also remaining unchanged. However, the RBI reduced the Cash Reserve Ratio (CRR) by 50 bps, injecting…