India Chart Pack A missed opportunity The monsoon session of parliament, which concluded last week, has ended up being one of the biggest disappointments of Prime Minister Modi’s tenure so far, with virtually no progress made on pushing... 21st August 2015 · 1 min read
India Chart Pack Rupee weakness unlikely to concern policymakers The recent weakness of the rupee, which has fallen by more than 1.5% against the US dollar in the past couple of weeks, is unlikely to worry policymakers. For a start, the fall in the rupee is a... 28th July 2015 · 1 min read
India Chart Pack Tentative signs of recovery Some of India's latest activity data are showing signs of improvement. For example, industrial production has accelerated over the past few months. Measures of expenditure and income tell a similar... 23rd June 2015 · 1 min read
India Chart Pack Modi's first year: sparks but no fireworks As Prime Minister Modi's first year in office draws to a close, our view that the economic reform agenda would fall short of (at times frenzied) expectations appears to have been proved correct for... 22nd May 2015 · 1 min read
India Chart Pack Signs of continued cyclical weakness Some of the latest data out of India have given reason for cheer, but there is plenty of evidence of continued cyclical weakness. For example, capacity utilisation rates are low, growth in sales of... 24th April 2015 · 1 min read
India Chart Pack Policymakers aiming to support cyclical rebound The past month has shown that India's authorities are still leaning towards policy loosening to support a cyclical rebound in economic growth, despite the strength of the revised GDP data. For a start... 24th March 2015 · 1 min read
India Chart Pack Economy is not out of the woods yet India’s revised GDP data paint a far healthier picture of the economy over the past couple of years than had previously appeared the case. GDP growth for FY13/14 was revised up from 4.7% to 6.9%. In... 19th February 2015 · 1 min read
India Chart Pack Further rate cuts are on the way The Reserve Bank of India (RBI) shocked markets earlier this month by cutting its main policy rates at an unscheduled meeting. The accompanying statement also paved the way for further policy... 22nd January 2015 · 1 min read
India Chart Pack Reasons for optimism as 2014 ends On the face of it, 2014 has been another disappointing year for the Indianeconomy. Growth over the first three quarters averaged just 5.2% y/y, only asmall improvement from the trough of 2012-2013 and... 18th December 2014 · 1 min read
India Chart Pack Investors gain confidence in reform outlook The surge in the Sensex stock index to an all-time high in November has come amid signs that Prime Minister Modi is now more willing to push through wideranging reform following the BJP’s decisive... 24th November 2014 · 1 min read
