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707 ArticlesEconomy

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Will the RBI Hike Rates Today?

Look at the first point in the First Quarter Review: Taming inflation warrants continuation of anti-inflationary monetary stance Inflation risks stay, while ...

IIP May 2011 at 5.6%

The Index of Industrial Production, something I absolutely detest for the massive revisions and complete WTF in comparison with other economic indicators. But ...

Interest Rate Hiking Time WorldWide

The ECB raised interest rates by 25bps (or 0.25%) to 1.5%. China recently raised rates, by 25bps, to 6.56%. Sweden also pushed its rates up to 2%, while ...

RBI Dy Gov on Analytics and Social Media

Dr. K.C. Chakrabarty, Deputy Governor of the RBI, talked about technology in banking. Specifically, how tech has been used, what will change and the recent ...

Crazy Inflation Revision of 4% again

And we have yet another crazy revision of Primary Articles Inflation. First reported at 12.08%, today’s report revises the April 16 inflation figure to ...

Indian States Versus Countries

In an interesting visualization, the Economist shows how Indian states fare with respect to full countries, in terms of GDP, GDP Per Person and Population. You ...

Inverting Yield Curves in India and Brazil

From CNBC: Brazil’s and India’s government yield curves are inverting, a condition in which short-term rates rise above longer yields. ...

T-Bill Auctions at 8.1%+, Indian Yield Curve Inverts

The short-term government Treasury Bill auctions, conducted every wednesday, have dramatically increased the interest rate that the government is paying for ...

GDP for 2010-11 at 8.5%, Q4 at 7.8%

The latest GDP estimate from MOSPI came in. Nominal growth – what actually happened: 20.2% Real growth (nominal minus inflation, rolled up): 8.8% There ...

IIP up 7.3% for March 2011

Big IIP move today, coming in at 7.33%. Again, highly unreliable data so it’s not something you should take action on. The past revisions have also been ...