Recent Publications

Q4 FY22 GDP - Bumpy road ahead

The sharp deceleration in India’s GDP growth in Q4 FY22 to 4.1% YoY from 5.4% in previous quarter...

MPC Minutes - Inflation anxiety bites

The minutes reveal alarming level of inflation anxiety among MPC members

Apr-22 CPI - Inflation genie firmly out

India CPI inflation accelerated by more than expected to a near 8-year high of 7.79%YoY in Apr-22

Mar-22 IIP - Healthy momentum, but risks emerging

India’s IIP growth posted a moderate improvement to 1.9% YoY in Mar-22 from 1.5% in Feb-22

QuantEco Shots - INR’s gradually moderating import cover

Moderation in RBI’s FCA and normalization of merchandise import demand has led to a sharp fall in...

Apr-22 Merchandise Trade -Deficit widens moderately

India’s merchandise trade deficit widened to USD 20.1 bn in Apr-22 from USD 18.5 bn in Mar-22

RBI Policy - Fast and furious

In a shock and awe move, the RBI hiked repo rate and CRR by 40 bps and 50 bps respectively

Macro Tidings - An inflation siege

RBI MPC Minutes - The pivot files

MPC members focused on the deterioration of the projected growth-inflation balance in FY23 (with ...