India Economics Weekly What to watch for in the Union Budget The full Union Budget for FY24/25 - which will be unveiled on Tuesday - will provide an important indication of how much the BJP is willing to concede to its coalition partners. It will also give an... 19th July 2024 · 3 mins read
India Economics Weekly Budget and geopolitics in focus The full Budget for FY24/25 - which will be unveiled on 23rd July - will provide an important indication of how much the BJP is willing to concede to its coalition partners. Meanwhile, developments... 12th July 2024 · 5 mins read
India Economics Weekly Modi in Moscow: old friends, new context Prime Minister Modi’s trip to Moscow next week will irk the West, but it should be read as a sign of India seeking to reap economic gains from its non-aligned status rather than an effort to position... 5th July 2024 · 5 mins read
India Economics Weekly Unpacking the further slump in FDI The further slump in net foreign direct investment (FDI) inflows into India in Q1 seems in large part a reflection of higher global interest rates. One implication therefore is that the slump will... 28th June 2024 · 3 mins read
India Economics Weekly Bond index ambitions realised, Q3 Outlook India's government will achieve a long-held policy objective next week when JPMorgan adds the country's local bonds to its largest EM sovereign bond index. While an important milestone, we expect the... 21st June 2024 · 3 mins read
India Economics Weekly New government, same faces The minimal personnel changes in PM Modi’s new cabinet suggests the new government’s policy direction will be similar to before. Admittedly, concessions on spending may have to be made to appease the... 14th June 2024 · 3 mins read
India Economics Weekly Dust settling on election, MPC pendulum swinging Indian equities have ended an extraordinary week higher than where they began, which we think partly reflects the fact that investors have realised that a coalition government is not a terminal blow... 7th June 2024 · 4 mins read
India Economics Weekly What to watch for in a momentous week India's general election is coming to an end and from a macro perspective the key thing for investors to watch for is whether it delivers a government that has a working parliamentary majority that... 31st May 2024 · 5 mins read
India Economics Weekly Is PM Modi on the backfoot? As India’s mammoth general election enters its final week, a narrative that has unfolded in the international media is a waning of popular support for Prime Minister Modi's Bharatiya Janata Party (BJP... 24th May 2024 · 4 mins read
India Economics Weekly Apple’s ambitions, Iran port deal, Russian oil The government's announcement this week of a long-term contract to develop and operate a port in Iran through which India will be able to transport goods into Central Asia is an illustration of how... 17th May 2024 · 4 mins read
India Economics Weekly Why we still think rate cuts will commence in Q3 The consensus is now expecting the RBI to begin its easing cycle in Q4. But the inflation outlook, as well as recent measures to ease liquidity constraints, suggest to us that a policy pivot will... 10th May 2024 · 4 mins read
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 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 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
