Current account deficit widened from last quarter, with potential to hurt the rupee.
Inflation slowed for a second straight month, giving RBI room to keep interest rates on hold for longer.
Jaguar owner, Tata Motors, had about 200 women on the shop floor three years ago. Now, it has 10 times that number.
Deteriorating state government finances pose a risk to India, said Oxford Economics’ report.
Power of business families, weak legal system and few protections to whistle-blowers contribute to India’s scenario.
Asian central bankers have been able to digest the movements in the 10-year treasury yields.
The one group who actually wants to buy India’s bonds looks likely to remain shut out of most of the market.
The MPC is concerned about the inflationary impact from Prime Minister Narendra Modi’s expansionary budget.
In Free Trade U-Turn, Modi Raises India’s Wall of Import Duties
Consumer price-gains decline in January from 17-month high.
RBI Warns India Budget May Feed Inflation as Rates Left on Hold
Wild market moves this week are set to give ammunition to the RBI to hold interest rates lower for longer.
Governor Urjit Patel needs to keep interest rates low to ensure Modi can bridge a widening fiscal deficit.
India pledged to focus its budget on farmers and its rural population.
Budget’s push to the rural economy may prompt some of the six-member monetary policy committee to turn more hawkish.
Modi will give a speech at the opening session of the WEF today. His key message? India is open for business.
Modi’s Budget Dilemma: Win Rural Voters or Stick to Deficit Plan
Mnuchin’s view that “a weaker dollar is good” gives room to keep borrowing costs lower for longer.
Raghuram Rajan said that the six-member panel headed by Urjit Patel “is doing a good job” in focusing on inflation.
Rupee fell to the lowest in almost 3 weeks amid worries that worsening terms of trade will drag current a/c deficit.
India’s $207 billion bad loan pile could get worse.