India’s exports have fallen, but its imports have fallen much more – a good thing for the Rupee, in all. Meanwhile, the data shows that both electronics and life insurance are thriving.
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Inflation is inching downwards. The US Dollar is appreciating, but the Rupee – buoyed by heavy FPI inflows – stays resilient. And more.
With a strong economy and falling inflation, RBI keeps rates where they are. Automobiles don’t sell, services exports fall, but power generation stays robust. And more.
India’s earning a tidy bit of foreign exchange, as its capital account surplus trumps a falling current account deficit. An RBI MPC meeting has just begun. And February sees paltry tax collections.
Central banks across the world met last week to set interest rates, sparking the question – what would the RBI do. Meanwhile, FDI blooms, but money leaves under the LRS.
No alarms and no surprises last week. Inflation stayed sticky, rural wages saw mild real growth, and merchandise trade remained steady. India’s forex reserves zoomed. US inflation refused to budge lower, while Indonesia is in trouble.
In the final instalment of our China series, we trace the journey of the country’s real estate industry – from its heady rise to its sudden crash – and how China is trying to emerge from the ashes.
We’re in a leap year; February was stretched by a day, and so are its numbers. Meanwhile, January saw the first current account surplus in forever, while money gushes into Indian mutual funds.
This week, we turn to the single defining characteristic of the Chinese economy in the eyes of the world – its status as the factory of the world. We’ll see why exports are no longer the engine for GDP growth they once were, and ask whether China’s own domestic markets could be its answer.
How fast did we grow last quarter? Could be 8.4% or 6.5%, depending on who you ask. Meanwhile, tax collections rise, less affluent Indians save more, and Europe finally reigns in inflation. And more.
Welcome to the first edition of ‘Z-Connect this Week’, a newsletter where we wrap up everything we publish on Z-Connect, Varsity, Rainmatter, and TradingQnA. Those explainers, podcasts, updates, and every other experiment we cook up to help you understand the annoying and needlessly mysterious world of finance. On Subtext Big Trouble in Brittle China I: […]
All is not well with China’s economy. Its problems come from the very strategies that brought it 40 years of growth. In our first post on China, we examine its addiction to investment-led growth.
After a long decline, fixedline connections are up. Aviation is still reeling from the pandemic. FDI is leaving the country, as is money under the LRS scheme. And more.
This week on Its the economy, stupid, lower CPI and WPI inflation, trade balance, and more.
I think I’m financephobic. I abhor finance. Maybe not the field itself, just how it feels. I know financial decisions are important. I still find them revolting. The problem is that I’ve somehow gotten myself a job at Zerodha. India’s largest stockbroker. And I have no idea what I’m doing. In this series, I’ll try fixing my financial life and share what I learn with you.
In this edition, we take a look at outcome of RBIs Monetary Policy Commitee Meeting, Consumer Confidence Survey and diflation in China.
Simplified review of the interim budget.