Thursday, October 18th, 2018
How does a balance of payment problem affect demand in the economy? Neelkanth Mishra of Credit Suisse puts it in an elegant way in an interview with Ira Dugal. To paraphrase, if you think of it like a household budget: suppose a family has a consumption expenditure of Rs. 120 and an income of Rs. […]
Friday, October 5th, 2018
A few notes from the MPC statement and press conference today. But first, a quick recap of the previous August policy and guidance: In the August meeting, the MPC was of the view that domestic growth momentum was strong and that the output gap was closing. However rising trade protectionism, geo-political tensions and elevated […]
Monday, August 13th, 2018
The Turkish Lira has been in the spotlight over the last few days as escalating tensions with the US have led to large depreciation of its currency. #Lira dethrones Argentine Peso as this year’s worst performing EM currency.#Euro falls on #Turkey contagion riskshttps://t.co/yD16pqqwDN pic.twitter.com/yIWcVufI36 — Fercan Yalinkilic (@FercanY) August 10, 2018 According to The Economist, […]
Saturday, September 16th, 2017
The Economic Survey 2016-17 is out and is full of interesting charts and figures that take a macro view of the Indian economy. While Volume 2 was the document was recently published, we thought it would be interesting to do a series of posts featuring charts that are there in both Volume 1 and 2.
Saturday, August 19th, 2017
The Economic Survey 2016-17 is out and is full of interesting charts and figures that take a macro view of the Indian economy. While Volume 2 was the document was recently published, we thought it would be interesting to do a series of posts featuring charts that are there in both Volume 1 and 2.
Saturday, July 22nd, 2017
The RBI’s latest semi-annual Financial Stability Report is out and as always is full of interesting charts and information on the Indian economy. We came across a few great charts that show structural trends in financial markets and have summarised them below.
Tuesday, July 26th, 2016
India has benefitted tremendously from the fall in crude prices. The government has taken advantage of low oil prices by initiating much needed reforms to reduce the oil subsidy bill. The government has also raised additional resources by raises taxes on petrol and diesel prices to help fund its development agenda. Unfortunately most of the savings […]
Friday, May 13th, 2016
This post, which is divided into three parts, will look at the implications of reforms such as UDAY and GST on state budgets. In this final part, we will take a closer look at the proposed implementation of the Goods and Services Tax. In the first part, we examined why it is important to look at this […]
Friday, April 29th, 2016
This post, which is divided into three parts, will look at the implications of reforms such as UDAY and GST on state budgets. In this second part, we will take a closer look at the proposed UDAY scheme. In the first part, we examined why it is important to look at this data as well as […]
Friday, April 22nd, 2016
This post, which is divided into three parts, will look at the implications of reforms such as UDAY and GST on state budgets. In the first part, we will examine why it is important to look at this data as well as give an overview of the current trends in state budgets. In part 2 and part 3, we […]