Macro

Trends & Tides – India CPI March 2025

India’s Consumer Price Index (CPI) inflation eased to 3.34% YoY in March 2025 from 3.61% in the previous month. The decline in headline inflation was largely driven by a fall in food inflation to 2.9% YoY in March 2025 from…

Trends & Tides – RBI Monetary Policy April 2025

The RBI Monetary Policy Committee (MPC) unanimously voted to reduce the policy repo rate by 25 basis points from 6.25% to 6.00%. The MPC also changed the policy stance to ‘accommodative’ from ‘neutral’. The MPC noted a decisive improvement in…

Trends & Tides – Balance of Payments Q3FY25

India’s current account recorded a deficit of 1.1% of GDP in Q3FY25, compared to 1.8% in the previous quarter and 1.1% in Q3FY24. The current account improved due to a lower merchandise deficit and a higher services surplus. The merchandise…

Panorama – March 2025

Panorama March 2025 edition is out now! Panorama is a meticulously crafted report that provides a comprehensive overview of the macroeconomic factors and market trends influencing India’s economic landscape. Here are the key insights from the report: Historically, the sharp…

Trends & Tides – US FOMC March 2025

The US Federal Open Market Committee (FOMC) holds the Federal Funds Rate steady at 4.25-4.50% at its March 2025 meeting. The Fed announces a reduction in the pace of quantitative tightening (QT) from US$60 billion to US$40 billion. The FOMC…

Trends & Tides – India CPI February 2025

India’s Consumer Price Index (CPI) inflation eased to 3.61% YoY in February 2025 from 4.26% in the previous month. The decline in headline inflation was largely driven by a fall in food inflation to 3.8% YoY in February 2025 from…

Panorama – February 2025

Panorama February 2025 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 central government…