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1/30/2016 - The RBI kept the repo rate on hold at 6.75% at its December meeting. However, the policy statement was more aggressive than expected, with the bank retaining an accommodative stance in spite of rising... |
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8/11/2015 - Following three 25 bp rate cuts earlier this year, the easing cycle of the Reserve Bank of India (RBI) may not be over just yet, given still-high real interest rates and a slow recovery in domestic de... |
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6/28/2015 - India's economy grew 7.5% in the 1Q15, which was above expectations. It grew 7.3% during the fiscal year ending 31 March. This means the country has outpaced China's economic expansion for two quarter... |
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6/3/2015 - Developments in India’s economy over the last few months have generally been favourable, and growth is expected to accelerate during 2015. Positive monthly indicators support high growth in India. Ind... |
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5/26/2015 - Developments in India’s economy over the last few months have generally been favourable, and growth is expected to accelerate during 2015. Positive monthly indicators support high growth in India. Ind... |
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5/3/2015 - The pressure on public finances has reduced as a result of lower oil prices easing the government’s fuel subsidy bill. In addition, the improved credibility of the authorities’ macro policy over the l... |
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4/11/2015 - India’s Central Statistics Office (CSO) has overhauled the country’s national accounts series. Although now the data produced should be more comprehensive than before, as well as closer to the methodo... |
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4/7/2015 - India’s Central Statistics Office (CSO) has overhauled the country’s national accounts series. Although now the data produced should be more comprehensive than before, as well as closer to the methodo... |
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3/1/2015 - The change in economic growth in 2014 picked up, accelerating to 5% on an expenditure basis from 4.7% in 2013. In the first three quarters of 2014, y-o-y growth averaged an encouraging 5.2%. However, ... |
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1/22/2015 - India’s economic growth has picked up above 5% in the last couple of quarters. The new government promised economic reforms to improve the investment climate. It has already made some progress such as... |
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11/17/2014 - After robust 2Q14 GDP figures (5.7% y-o-y), it seems the 3Q GDP growth rate is set to decelerate because the factors that drove 2Q growth – strong government spending and strong agricultural growth, r... |
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11/3/2014 - The Indian economy grew rapidly in 2Q14, up 5.7% from a year earlier. Industrial production improved, with manufacturing output rising by 3.5% on the year after falling in the previous two quarters. T... |
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9/20/2014 - GDP growth accelerated to 5.7% y-o-y in the 2Q, the fastest growth in 10 quarters from 4.6% in the 1Q. This outcome was in line with expectations. The sustainability of the pick-up in growth depends o... |
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9/2/2014 - The Bharatiya Janata Party (BJP) government announced its 2014 budget on 10 July, its first since coming to power. It was lacking in ‘big bang’ reforms; instead it consisted of a long list of small po... |
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8/19/2013 - The current parliamentary term ends in May 2014, although there is growing speculation that polls may be held early. The government's budgetary strategy has been repeatedly blown off course by a serie... |
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7/7/2013 - After several starts, the government has undertaken a series of reforms since September 2012 to tackle the country’s burgeoning fiscal deficit and create new jobs. In late February the government pres... |
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6/5/2013 - After several false starts, the government undertook a series of reforms beginning in September 2012 to tackle the burgeoning fiscal deficit and create new jobs. In late February, the government prese... |
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4/13/2013 - According to EIU (March 2013) the perception of both current and future economic conditions worsened in the 4Q12. Around 41% of those surveyed felt that current conditions were worse than a year ago, ... |
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3/9/2013 - On 17 December, the government put forward its Mid-Year Economic Analysis report for fiscal year 2012-2013 in parliament. The report lowered the government’s forecast for real GDP growth to a range of... |
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2/7/2013 - India’s economy slowed further in the three months to September 2012, adding to the challenges facing the Government as it struggles to push controversial economic reforms through Parliament. Year-on-... |
