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Charts: Trade Balance Flat at $10.8 Bn, Rupee Depreciation Impact Vanishes

Export and Import growth slowed in August 2014, with the trade deficit nearly flat at $11 billion. The problem isn’t evident here. We aren’t ...

IIP Growth Falls to 0.5%, Manufacturing Contracts to -1%

India’s Index of Industrial Production (IIP) fell to a four-month low of 0.53%, after three strong months. (Interestingly, June IIP was revised up from ...

IIP for Jun 2014 Falls to 3.4%, Manufacturing Growth Slows

The Index of Industrial Production (IIP) for Jun 2014 comes in at 3.4%, a tad lower than the 5% growth we saw in May. This is still sub-standard, and has been ...

IIP for April 2014 at +3.36%, Manufacturing Comes Back!

The Index of Industrial Production (IIP) for April 2014 came in at a nice +3.36%. Manufacturing bounded back big time with +2.6%, the best figure since July ...

March 2014 IIP: Down 0.5% Ending a Lousy Year for Industrial Production

India’s Index of Industrial Production (IIP) for March 2014 comes in at a dismal -0.5% which has been a sorry trend of the last three years. And sector wise, ...

Infy Results in Charts: March 2014

Infosys results have become less relevant than they used to be. A few key things about their results, in charts. Revenues are Down, Profits are Massively Up ...

IIP for Feb 2014 at -1.9%, Worst in 9 Months

Headline Index of Industrial Production fell by 1.9% in Feb 2014, the biggest percentage drop since May 2013. At the component level, the culprit was ...

CPI for Jan 2014 at a 3 Year Low of 8.1%

Consumer Price Inflation for Feb 2013 is now at +8.1%. This is the lowest number since December 2011. Both Urban and Rural inflation saw dips, and both are ...

In Very Boring IIP News, Jan 2014 is +0.1%

The Index of Industrial Production has come in at +0.1%, the first positive growth figure since September 2013. This is a very “oh okay, whatever” kind of ...

Why Food Inflation Haunts Us, And What We Can Do To Fix It

RBI’s Raghuram Rajan has described why food inflation continues to haunt our inflation expectations over the last few years. Here’s what he says, distilled ...