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
India Economics Weekly Rupee’s rocky recovery, UK-India FTA, inflation rising Though we expect the Indian rupee to strengthen against the US dollar over the next 18 months, the weakening over recent days amid renewed US-Iran hostilities demonstrates that it is unlikely to be... 10th July 2026 · 3 mins read
India Economics Weekly Weak monsoon impact not only limited to agriculture India has just recorded its driest June in over a decade and that may prove a harbinger for the rest of the monsoon season on account of El Niño weather conditions. Deficient rain is already affecting... 3rd July 2026 · 3 mins read
India Economics Weekly Inflation and rates to rise by more than consensus expects This week we published our Q3 India Economic Outlook, which contains all of our latest forecasts and analysis of India’s economy and financial markets. The key points of difference between our views... 26th June 2026 · 3 mins read
India Economics Weekly G7 diplomacy, monsoon concerns Prime Minister Modi and President Trump met in-person for the first time in 15 months on the sidelines of the G7 Summit this week. In that time, relations between the US and India have deteriorated... 19th June 2026 · 4 mins read
India Economics Weekly Rupee support measures buy time, but aren’t a solution The combined RBI and government package of measures to support the rupee unveiled last Friday appears to have halted the currency’s slide, but it has failed to trigger a meaningful recovery. A... 12th June 2026 · 3 mins read
India Economics Weekly Growth risks outweighed by inflation and FX concerns The RBI kept the repo rate unchanged at 5.25% today and maintained a “neutral” stance. But the very strong Q1 GDP data (released subsequently), along with rising inflation and continued worries about... 5th June 2026 · 3 mins read
India Economics Weekly More pump price rises, RBI meeting, Q1 GDP Having not risen for the best part of four years, pump prices in India have now been hiked four times in the past two weeks, with both petrol and diesel prices now around 8% higher than they were at... 29th May 2026 · 3 mins read
