Data on International trade & Inflation for Dec’16 and IIP for the month of Nov were released by government agencies earlier this week. Coming in the backdrop of demonetisation and its expected adverse impact, the figures were much awaited. To the relief of the government, the economy appears to have performed well on all the three parameters. … Continue reading Trade, IIP and Inflation – Nov/Dec Performance..
RBI released the Balance of Payment data for the year 2015-16 earlier this week. Even though the exports have come down, trade deficit came down from $ 145 bn in FY15 to $ 130 bn this year providing some relief to the balance of payment situation. The deficit has come down mainly because of lower … Continue reading Analyzing India's Balance of Payment – (Part I)