The Reserve Bank of India sold just 275 million dollars in April, even as the Dollar Rupee exchange rate rose from 51.1 to 52.5. Data from the RBI Bulletin ...
The Great Indian Data Suckage story continues. GDP data from MOSPI (the agency that reveals data) recently brought growth down to 5.3% and it turns out there ...
GDP Growth came in at a miserable 5.3% for the quarter ended March 2012, ending the year at a 6.5% growth, compared to 8.4% in FY 2011. Look also at Nominal ...
The RBI has released the minutes of the meeting in which monetary policy was discussed in April 2012. I point you to: 5. Most members were of the view that ...
In a very boring macroeconomic note (mid quarter review, March 2012) the RBI decided not to change anything, and wait and watch. They had recently reduced the ...
Looking at Q3 figures (now that all data is in) we have a pretty interesting result on the Nifty P/E. If I use the exchange methodology, then the way to get ...
The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) for banks, as a percentage of deposits, to 5.5% from the earlier 6%. This is, they say, to ...
Two things are expected of the RBI today, in their monetary policy statement. One, that it will not raise interest rates – a stance taken already in end ...