What are the economic implications of the NDA’s narrow majority in the 2024 General Elections? Refer to the Note for detailed insights.  

India’s FY24 Gross Domestic Product (GDP) was revised higher to 8.2% YoY from the earlier estimate of 7.6% YoY. However, Q4FY24 GDP slowed down to 7.8% YoY from 8.6% YoY in the previous quarter. Q4 GDP growth printed lower due…

Panorama May 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: New project announcements…

In April 2024, India’s Consumer Price Index (CPI) inflation was largely unchanged at 4.83% YoY, compared to 4.85% in the previous month. Higher food inflation during the month was offset by the sharper deflation in fuel prices. Food inflation remained…

The US Federal Open Market Committee (FOMC) held the Federal Funds Rate steady in the 5.25-5.50% target range at the May 2024 meeting. The Fed reduced the pace of quantitative tightening to $60 bn from $95 bn earlier.  At the…

Panorama April 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: India has experienced…

In March 2024, India’s Consumer Price Index (CPI) inflation eased to 4.85% YoY from 5.09% in the previous month. Headline CPI inflation declined due to sharp deflation in fuel prices. Fuel price inflation decreased to -3.2% YoY from -0.8% in…

In the April 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. The policy stance also remained unchanged, with the MPC committed to aligning inflation with the 4% target on a durable and…

India’s Current Account Deficit (CAD) marginally narrowed to 1.2% of GDP in Q3FY24 from 1.3% in the previous quarter. The current account remained stable as the rise in services exports and inward remittances offset the higher merchandise trade deficit. The…

Panorama March 2024 edition is out now! Here are the key insights from the report: Gross Domestic Product (GDP) improved from 8.1% YoY in Q2FY24 to 8.4% YoY in Q3FY24, while Gross Value Added (GVA) slowed from 7.7% YoY to…