India Economics Weekly Jio’s blockbuster IPO highlights India’s digital boom Jio Platform’s stunning IPO this week serves as a reminder of how rapidly India’s digital economy has expanded over the past decade. Affordable mobile internet has brought hundreds of millions of... 30th October 2026 · 3 mins read
India Economics Weekly MPC minutes point to further policy tightening The MPC minutes of the RBI’s October MPC meeting – in which the repo rate was hiked by 25bps to 5.50% – give a fairly strong indication that the committee will follow up with further tightening over... 23rd October 2026 · 3 mins read
India Economics Weekly Rupee rally requires an improvement in fundamentals The rupee has rallied this week after the RBI introduced measures to curb dollar demand and deter speculative positioning. But while these steps have provided near-term support, a more durable... 16th October 2026 · 3 mins read
India Economics Weekly Parsing the RBI’s messaging, US Green Card curbs The RBI kicked off its tightening cycle this week with a 25bp hike to the repo rate (to 5.50%) and Governor Sanjay Malhotra's worries about a "generalisation of inflation" suggest to us that further... 9th October 2026 · 3 mins read
India Economics Weekly Activity data provide comfort ahead of rate hike The upbeat activity data released this week will have provided the RBI with some extra comfort ahead of next week's policy announcement. With rising inflation the key focus, we expect a 25bp increase... 2nd October 2026 · 3 mins read
India Economics Weekly Power struggles Coal stocks at India’s power plants have plummeted in recent months as strong electricity demand and monsoon disruption have squeezed supplies. This poses a downside risk to growth and an upside risk... 25th September 2026 · 3 mins read
India Economics Weekly Russian oil and US tariffs: the stakes are higher this time It's not clear that President Trump will implement a tariff on buyers of Russian oil following the US House's passage of legislation this week, given that it would cause further tightening in the oil... 18th September 2026 · 3 mins read
India Economics Weekly The RBI’s fistful of dollars The RBI's efforts to attract foreign-currency deposits have proven more successful than expected, but the resulting surge in liquidity has eased monetary conditions and may complicate efforts to... 11th September 2026 · 3 mins read
India Economics Weekly GDP data spark controversy but will comfort the RBI India’s stronger-than-expected GDP data for Q2 have sparked a row among politicians over the reliability of the figures. But the numbers as well as broader activity indicators point to resilience -... 4th September 2026 · 3 mins read
India Economics Weekly A further thawing in Sino-Indian relations Talks between India and China this week on demarcating and managing the disputed border in the Himalayas are the latest (small) steps in the thawing of that relationship over the past 18 months or so... 28th August 2026 · 3 mins read
India Economics Weekly FDI restrictions easing, MPC minutes put hikes in play The government is reportedly considering raising the threshold above which foreign direct investment requires approval from the Cabinet Committee on Economic Affairs. The change would be small in... 21st August 2026 · 3 mins read
India Economics Weekly Russian oil imports surge, inflation expectations rising The goods trade data for July released this week show that Russia now accounts for more than half of India’s crude oil imports, the highest share on record. But that economic relationship could be... 14th August 2026 · 3 mins read
India Economics Weekly Data centre constraints, equities to outperform, July CPI Reports this week that Google’s planned AI data centre in Andhra Pradesh is facing stiff opposition over its environmental impact have highlighted the challenges facing India’s digital ambitions... 7th August 2026 · 3 mins read
India Economics Weekly Monsoon risks to inflation remain significant After the driest June in over a decade, India has received healthier monsoon rainfall in July, while the government has ample stocks of key staples such as rice. But the inflation risk remains... 31st July 2026 · 3 mins read
India Economics Weekly Cockroaches and bitter pills This week's headlines have been dominated by youth protests in Delhi and President Trump's proposed tariffs on imported generic medicines. But while politically challenging, we doubt that either will... 24th July 2026 · 4 mins read
India Economics Weekly Inflation, FX concerns make August hike more likely The stars appear to be aligning for the RBI to begin a hiking cycle at the next policy meeting on Wednesday 5th August. We learnt this week that headline consumer price inflation rose to an 18-month... 17th July 2026 · 3 mins read
