RBI Watch Tightening to begin with reverse repo hike After months of incremental moves, we think the Reserve Bank of India (RBI) will take a decisive step towards policy tightening by hiking the reverse repo rate at the conclusion of its MPC meeting on... 3rd February 2022 · 6 mins read
India Data Response PMI Surveys (Jan.) The drop in India’s PMIs in January suggest that activity weakened as the Omicron variant spread across the country. But the impact appears to be much less severe than that of the last two virus waves... 3rd February 2022 · 2 mins read
India Economics Update The UP election and what it means for reforms The upcoming election in Uttar Pradesh (UP) – India’s most populous state and one of its most politically important – is already having an impact on economic policy as contentious reforms have been... 2nd February 2022 · 3 mins read
India Economics Update Budget should deliver stronger growth and inflation Finance Minister Nirmala Sitharaman delivered a more growth-friendly Union Budget than most had expected today. But rather than unveiling measures to shore up support ahead of state elections, new... 1st February 2022 · 3 mins read
Emerging Markets Economic Outlook A slower recovery in 2022 Growth across much of the emerging world will be weaker this year than last, with Emerging Europe and China in particular likely to fall short of consensus expectations. The EM monetary tightening... 28th January 2022 · 28 mins read
India Economics Weekly What to expect from the Union Budget For watchers of India’s economy, next week is one of the most significant of the year as Finance Minister Nirmala Sitharaman delivers the Union Budget for FY22/23 on Tuesday. Unusually, the fiscal... 28th January 2022 · 5 mins read
India Chart Pack Activity holds up as Omicron peaks The rapid spread of the Omicron variant in India has caused economic activity to weaken so far in 2022. But the damage has been much less severe than during the previous two outbreaks. Perhaps... 27th January 2022 · 9 mins read
Asia Economic Outlook Central banks in no hurry to tighten Omicron should prove no more than a small stumbling block for Asia. Our forecasts are for above-trend and above-consensus growth in most countries this year. India, Indonesia and Korea are likely to... 25th January 2022 · 34 mins read
India Economics Weekly Encouraging signs in state-level virus data COVID infections have been falling in parts of India over the past week, particularly in those areas that were first to report Omicron waves. We’re hopeful that this is a sign of things to come, and... 21st January 2022 · 3 mins read
India Economic Outlook On the cusp of policy tightening India’s Omicron wave should only be a temporary setback to the economic recovery. As long as recurrent large waves of COVID are avoided, we think that economic growth will be faster this year than... 19th January 2022 · 18 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor With the notable exception of Turkey, net capital outflows from emerging markets have eased over the past month. However, the global backdrop for EMs this year will be challenging, particularly for... 19th January 2022 · 3 mins read
Emerging Markets Economics Chart Pack Omicron sweeps across the emerging world The Omicron variant of COVID-19 is causing new virus cases to surge in the emerging world. Many EMs are reporting record daily cases or that new infections are rising sharply. South Africa’s... 14th January 2022 · 10 mins read
India Economics Weekly Omicron surging, asset sales progressing COVID-19 cases in India are still surging. But the early indications are that healthcare systems are not under significant pressure, and we’re hopeful that India’s third wave will peak before long... 14th January 2022 · 3 mins read
Emerging Markets Economics Update A look ahead to the key EM political events of 2022 In this Update, we take a look at the key political events that are scheduled across the emerging world over the coming year and outline their possible implications for economic policy and growth... 13th January 2022 · 6 mins read
China Economics Update A guide to political events in 2022 Korea, the Philippines and India are each holding elections this year that will play a role in setting fiscal and structural reform priorities, including the possible introduction of a universal basic... 10th January 2022 · 4 mins read
India Economics Weekly Cautious optimism despite oncoming Omicron wave India is about to be hit by a huge Omicron wave. New COVID infections have surged fifteen-fold in the last two weeks. But we’re optimistic that the economy will prove more resilient than it has in the... 7th January 2022 · 5 mins read
