Thamashi De Silva

Thamashi De Silva is an Assistant Economist focusing on India. Thamashi has a bachelor’s degree in Economics from the University of California, Berkeley and a master’s degree in Economics from University College London.

India Economics Weekly

What would Trump’s return mean for India?

With Donald Trump’s protectionist approach to trade on full display this week, we look at the implications of a possible second Trump presidency for India. While a 10% tariff on US imports could dent...

3rd May 2024 3 mins read

India Economics Weekly

Extreme weather and AI risks in the spotlight

There has been more good news on India’s economy over the past couple of weeks, but two key near and medium-term risks that we have previously highlighted - extreme weather and the emergence of...

26th April 2024 3 mins read

India Chart Pack

India Chart Pack (Apr. 2024)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India has been the star performer among major EMs over the past several quarters and the latest data...

24th April 2024 1 min read

India Rapid Response

India Flash Composite PMI (Apr. 2024)

The flash composite PMI reading for April suggests that the strength of economic activity over the past few quarters has continued through to the eve of the election. Looking ahead, while growth is...

23rd April 2024 2 mins read

India Economics Weekly

Election begins, RBI intervention, Middle East tensions

India's mammoth general election has just kicked off. Results will be announced on 4 th June and as things stand, PM Modi’s BJP looks on course for another big win. Meanwhile, the rupee fell to a...

19th April 2024 4 mins read

India Rapid Response

India Consumer Prices (Mar. 2024)

The fall in headline consumer price inflation in March to a 10-month low will comfort policymakers and, looking ahead, we think headline inflation will reach the RBI’s 4% long-term target by the...

12th April 2024 2 mins read

India Economics Weekly

Manufacturing ambitions across the political spectrum

The general election kicks off in a week and manifestos are finally being released. Manifestos are rarely followed closely in India, but nevertheless it is encouraging that there is broad agreement...

12th April 2024 4 mins read

India Economics Weekly

Indian bulls rage while elephants go for a walk

Positive news on India's economy continues to roll in and that is being reflected in the performance of the stock market. But amid the optimism, this week we published an in-depth report highlighting...

5th April 2024 4 mins read

India Economics Weekly

External position looking healthy, RBI to stand pat

Data released this week show that India's current account deficit narrowed at the end of last year and, while it may widen over the coming months, we think it will remain well within the 2% of GDP...

28th March 2024 3 mins read

RBI Watch

Policy pivot creeping closer

We agree with consensus expectations that the MPC will keep policy unchanged at the conclusion of its meeting on Friday 5 th April. Further ahead, we think the central bank will start cutting rates in...

27th March 2024 6 mins read

India Chart Pack

India Chart Pack (Mar. 2024)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India retained its title as the world’s fastest-growing major economy last year and the latest data...

26th March 2024 1 min read

India Rapid Response

India Flash Composite PMI (Mar. 2024)

The flash composite PMI reading for March suggests that the economy continues to perform exceptionally well. While growth is likely to moderate over the coming quarters, India will remain a global...

21st March 2024 2 mins read

Event

EM Drop-In: After the big vote – India’s macro and markets outlook

11th April 2024, 9:00AM BST

In a big year for elections, this is the biggest. India’s general election begins on 19 th April, with nearly a billion Indians registered to vote and Narendra Modi on course to win a third term as...

India Economics Weekly

#3 in 2026

The key takeaway from our Q2 Outlook is that, while growth is likely to slow a touch, India will remain a global outperformer over the coming years. That will set the stage for India to overtake Japan...

15th March 2024 4 mins read

India Economic Outlook

World-beating growth set to continue

India retained its title as the world’s fastest-growing major economy last year and we expect further strong growth over the coming years. That would put India on course to become the world’s third...

13th March 2024 20 mins read

India Rapid Response

India Consumer Prices (Feb. 2024)

Headline consumer price inflation held steady at 5.1% y/y in February and looking ahead, we think it will take a few more months before it reaches the RBI’s 4% long-term target. That suggests to us...

12th March 2024 2 mins read