India Economics Weekly Fiscal loosening through the back door The BJP-led government this week ruled out the possibility of issuing a blanket loan waiver for farmers ahead of next year’s general election. But this is something of a red herring. After all... 27th July 2018 · 1 min read
India Economics Weekly Government set to face no-confidence vote The BJP-led government faces a no-confidence vote triggered by opposition parties over the coming days. We highly doubt the motion will lead to the fall of the government, given that the BJP holds a... 20th July 2018 · 1 min read
India Economics Weekly Sensex surges, another parliament washout? While many other major EM equity markets have dropped recently amid rising fears of a global trade war, Indian equities have surged, with the Sensex reaching an all-time high this week. But while... 13th July 2018 · 1 min read
India Economics Weekly Large MSP hikes, growing fiscal concerns Confirmation this week that the government will implement large increases in the minimum support price (MSP) of key monsoon crops supports our view that rural incomes will strengthen significantly... 6th July 2018 · 1 min read
India Economics Weekly Rupee drops to record low, one year of the GST The drop in the Indian rupee to an all-time low this week has inevitably triggered comparisons with the Taper Tantrum in 2013. But we don’t think there is major cause for concern. The external... 29th June 2018 · 1 min read
