In a disappointing note, MOSPI tells us that the Q4 GDP growth estimate is 4.78%, one of the lowest we have seen in the last decade. Even in the depths of the ...
We’ve all heard about “Quantitative Easing” in the west. The US is printing $85 billion a month to buy government bonds, mortgage backed securities and ...
Bank Credit growth as of October 5 has slumped to 15.9%, which is close to a near term low. Bank credit is all the credit that isn’t to the government, ...
On popular demand, I post a graph of the difference between the GDP data and the RBI Balance of Payments (BoP) data. This is referencing my posts on how the Q4 ...
In an earlier post (Has India Plunged Into Recession? GDP Data Fudge Reveals Details) I spoke of how the import-export data was likely to be heavily wrong. The ...
Can also read: Why Gold is Such a Good Investment? And: RBI, A Substantial Contributor To Inflation? Consider the alternate explanation to inflation: It’s ...
RBI has increased the limit on foreign investment in Rupee Denominated Government Bonds to $20bn from $15 bn. (And in a timely way, Dheeraj and I wrote an ...
I write at Yahoo: The Macro Trumps The Micro You can’t buy stocks on merit anymore. You can do the most beautiful analysis about a company that owns a ...
There is no RBI Rate Cut. There is no CRR cut. The RBI, in its mid-quarter review of monetary policy, decided that the situation warranted no change in any of ...
Before the RBI mid-quarter monetary policy review later today, let’s go through a few things. Indian Situation Growth has slowed. GDP is officially down ...
