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 >
Prachi Jhamb
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 >
Market Minute: Why some countries have reduced their Treasury holdings
The decreases in foreign holdings of Treasury securities has less to do with decline in the dollar’s status and more to do with the particular needs of individual economies. … READ MORE >
Reserve Bank of India set to hold rates steady
While the Indian economy entered the year with significant momentum, the shock resulting from the war in Iran has effectively closed the window for further monetary policy accommodation. … READ MORE >