Banks’ NPA – Taking Stock
Much to the relief of RBI and the government, Banking sector’s Non-Performing Assets (NPA) has come down to seven years low for the year ended March’22. This is a huge…
Analyzing India’s External Debt Movement
The depreciation in rupee-dollar exchange rate over last few months brings focus on India’s vulnerability to sudden outflow of money. A component not looked closely is the level of India’s…
Global Trade – The Recovery And The Price of A War
Global trade in goods in Q1’22 (Jan-March) increased by 25% over Q1’21 as per the latest UNCTAD (United Nations Conference on Trade and Development) report. Even though global trade has…
State Of The Economy
Despite slowing down to 4.1% growth during March’22 quarter, optimism runs high with regard to economy’s projected performance in the current quarter. The latest RBI bulletin gives some idea of…
Deciphering Core Sector Growth…
Core sectors recorded growth of 8.4% for the month of April’22 as per the ministry of commerce data highest in last six months. For FY22, index grew by 10.4% and…
Monetary Policy – Regaining the Lost Ground
The decision of Monetary Policy Committee (MPC) to raise repo rate by 50 basis points (0.5 percentage) in its meeting today was a “no-brainer”. That it comes within just five…
GDP, FY22 – A Fledgling Recovery
GDP (Gross Domestic Product) of Indian economy recorded growth of 4.1% during Jan-March’22 quarter (Q4’FY22) and 8.7% for full year as per the data released by MOSPI (Ministry of Statistics…
Analyzing RBI’s Balance Sheet
RBI’s balance sheet for the year 2021-22 (FY22) has expanded by 8.4% as per its annual report released last week. While this is moderately higher than expansion of 7% in…
NBFC Sector – An Overview
NBFC sector was in the news recently because of merger of HDFC Ltd, an NBFC with HDFC Bank. The sector has been in focus subsequent to the default by IL&FS…
FY22 Inflation Analysis
Domestic inflation remained high for second consecutive year with CPI inflation averaging 5.5% in FY22. WPI hit a record averaging almost 13%, not seen in over a decade. Russia-Ukraine war…