India’s Q2FY25 GDP growth slowed to a seven-quarter low of 5.4% YoY, down from 6.7% YoY in the previous quarter. The figure was significantly below market expectations. Nominal GDP growth fell to 8.0% YoY from 9.7% in the previous quarter….

Panorama November 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 October 2024,…

In October 2024, India’s Consumer Price Index (CPI) inflation surged to a 14-month high of 6.21% YoY from 5.49% in the previous month. The increase in headline inflation was largely driven by a rise in food inflation to 9.7% YoY…

The US Federal Open Market Committee (FOMC) cut the Federal Funds Rate by another 25 bps to 4.50%-4.75% in the November 2024 meeting. In the post-policy press conference, Federal Reserve Chair Jerome Powell indicated that the election won’t affect near-term Fed…

Panorama October 2024 edition is out now! Here are the key insights from the report: India’s unemployment rate held steady at 3.2% in 2023-24. The rural unemployment rate rose to 2.5% from 2.4% the previous year, while the urban rate…

In September 2024, India’s Consumer Price Index (CPI) inflation picked up to 5.49% YoY from 3.65% YoY in the previous month. The increase in headline inflation was largely driven by a rise in food inflation to 8.4% YoY in September…

In the October 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. However, the monetary policy stance was changed to ‘neutral’ to provide policy flexibility to the MPC. The MPC stressed that it…

India’s current account recorded a deficit of 1.1% of GDP in Q1FY25, compared to a surplus of 0.5% in the previous quarter and a deficit of 1% in Q1FY24. The current account worsened due to a larger merchandise trade deficit…

Panorama September 2024 edition is out now! Here are the key insights from the report: Deposits comprise 41% of household financial assets, down from the 51% share recorded in 2012. In contrast, equity and investment funds account for 21% share,…

The US Federal Open Market Committee (FOMC) cut the federal funds rate range by 50 basis points to 4.75-5.00% at its September 2024 meeting. The FOMC Dot Plot projects 50 basis points of additional rate cuts in 2024 and 100…