We expect the RBI to raise the repo rate by 25 basis points to 5.50% at its next meeting, while emphasizing that subsequent moves will remain dependent on the evolution of inflation and the energy shock. … READ MORE >
Prachi Jhamb
India’s unemployment rate eases to 5.0% in August
India’s labor market continued to improve in August, with the unemployment rate falling to 5.0% from 5.1% in July. … READ MORE >
Market Minute: India’s inflation quickens, driven by food and fuel
Price pressures in India are beginning to spread, raising the risk that what began as a supply shock could become more persistent. … READ MORE >
India’s manufacturing cools as services gain
The HSBC India Manufacturing PMI slipped to 52.8 in August, a third straight monthly decline.
Services sector told a different story. The HSBC India Services PMI Business Activity Index rose to 54.1. … READ MORE >
India’s GDP grew 7.8% in second quarter, defying global headwinds
We’re raising our full-year forecast toward 7% growth for fiscal 2026-27, above the RBI’s own revised 6.7% projection. … READ MORE >
India’s unemployment rate falls to 5.1% in July
The labor force participation rate (LFPR) rose to 55.4% in July from 54.4% in June and 54.9% a year earlier. … READ MORE >
Market Minute: India’s inflation edges higher again
India’s consumer price index accelerated in July, climbing to 4.45% on an annual basis and exceeding the Reserve Bank of India’s 4% medium-term target for a second straight month. … READ MORE >
India’s inflation accelerates, but for how long?
Inflation in India accelerated in June, rising by 4.4% on an annual basis and exceeding the Reserve Bank of India’s 4% medium-term target for the first time in 17 months. … READ MORE >
India’s industrial output jumps to a two-year high in June
The upside surprise, though, is unlikely to move the Reserve Bank of India off its expected hold at its policy meeting next week. … READ MORE >
Market Minute: Supply shock comes home to India
Two months into the U.S.-Iran war, India is experiencing a classic external supply shock that is depressing growth and elevating inflation. India enters FY27 with exceptional structural economic advantages: 7.6% growth in its economy, reduced U.S. tariffs, a strong services export base of $418 billion, and healthy foreign exchange reserves … … READ MORE >