Headline inflation’s spiking, but core inflation’s steady, and not all food is to blame. RBI’s stuck in a tricky balancing act—control prices or support growth?
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Equities are worth 150% of India’s GDP. Foreigners are plowing in 2 billion dollars a month into Indian debt. Are the markets going nuts?
June is the second consecutive month where the economy has been sub-par. Is this just a blip? Or will policymakers have to step in?
The RBI keeps its repo rate at 6.5% for the 8th time in a row. The Indian economy stutters in May. And more stories.
We’re swapping hydel energy for coal. Diesel demand is poor, even though we’re probably moving more goods around. And other stories.
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.
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.
