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…

Panorama September 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: 1. Government support…

The US FOMC held the Federal Funds Rate (FFR) in the target range of 5.25-5.50% as expected during the September 2023 meeting and signaled one more rate hike by the end of 2023. US economic growth continues to remain strong,…

In August 2023, India Consumer Price Index (CPI) inflation remained elevated at 6.83% YoY, but it eased from 7.44% in June. Headline inflation was largely driven by elevated food prices, while core inflation (which excludes food and fuel) continued to…

In Q1FY24, India’s GDP growth printed at a robust 7.8% YoY, up from 6.1% YoY in the previous quarter. The growth was largely propelled by strong expansion in ‘Financial services, real estate and professional services’. ‘Trade, hotels, transport, and communication’…

Panorama August 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: The corporate sector…

In July 2023, India Consumer Price Index (CPI) inflation increased to 7.44% YoY from 4.87% in June. Erratic weather conditions, including a delayed monsoon and uneven distribution of rainfall, have resulted in higher food prices. The ‘food and beverages’ inflation…

In August 2023 meeting, RBI’s Monetary Policy Committee (MPC) decided to maintain the repo rate at 6.5% and retained its policy stance. MPC decided to overlook the inflationary surge caused by the vegetables price shock, given its likely short-term nature….

Panorama July 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:1. The temporal and…

In June 2023, India Consumer Price Index (CPI) inflation increased to 4.81% YoY from 4.31% in May. Erratic weather conditions, including a delayed monsoon and uneven distribution of rainfall, have resulted in higher food prices. The food and beverages inflation…