In Q2 FY24, India’s GDP growth posted a robust expansion of 7.6% YoY. The growth was primarily driven by a strong manufacturing sector, as a fall in raw material costs led to an improvement in operating margins. However, the agriculture…

Panorama November 2023 edition is out now! Panorama is a meticulously crafted report that offers a comprehensive view of the macro factors and market trends shaping the economic landscape of India. Here are the key insights from the report: Small-cap…

RBI recently introduced regulatory measures addressing consumer credit and bank credit to NBFCs, aiming to strengthen credit standards and proactively prevent potential stress in consumer lending. These measures may lead to increased capital requirements for banks/NBFCs, moderation in personal loan…

In October 2023, India’s Consumer Price Index (CPI) inflation eased to 4.87% YoY, primarily due to a steady decline in core inflation. Core inflation decreased to 4.25% YoY in October from 4.56% in the previous month. Refined measures of core…

We are excited to introduce the first report of our Spotlight series: India’s Manufacturing Renaissance. The report presents a comprehensive comparison among the beneficiaries of the China+1 strategy, which includes India, Vietnam, Thailand, Indonesia, Malaysia, and Mexico. This report offers…

Panorama October 2023 edition is out now! Panorama is a meticulously crafted report that offers an overview of the macro factors and market trends influencing the Indian economic landscape. Here are the key insights from the report: An increase in…

In September 2023, India’s Consumer Price Index (CPI) inflation eased to 5.0% YoY due to a correction in food inflation. The sharp decline in fuel inflation, driven by the reduction in LPG prices, also contributed to the fall in headline…

In October 2023 meeting, RBI’s Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5% and retained its policy stance. The RBI Governor noted that transmission of the 250 bps increase in the policy repo rate to bank…

JP Morgan has announced the inclusion of Indian G-secs in the GBI-EM Global index suite. This move holds significant structural benefits for cost of capital, the balance of payments, the Indian Rupee, and long-term growth. Explore the macro-implications by referring…

In Q1FY24, India’s current account deficit (CAD) rose to 1.1% of GDP, marking a significant increase from 0.2% deficit in the preceding quarter. CAD increased on account of a higher merchandise trade deficit and weaker services surplus. The rise in…