It’s the economy, stupid! Repo rate redux
The RBI does not cut repo rates yet again. But is its calculus starting to change? Or are the risks of a rate cut simply too big to ignore?
The RBI does not cut repo rates yet again. But is its calculus starting to change? Or are the risks of a rate cut simply too big to ignore?
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.
The numbers for April are in. We’re trading less with the world, vehicle sales are a mixed bag, and FPI money leaves India. 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.
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.