This week’s article is on the capex cycle in India. We will look at the various segments of the economy and access their propensity to undertake capital expansion in the near term. But before we do that, lets take a step back to review the role played by capital deepening…

The Government’s Budget for FY22 has been well received by all segments of commentators despite the trepidations in the bond market. Equity markets seems to suggest that we are in the beginning of the next capex cycle. Today we will talk about an essential piece for a healthy capex cycle…

In this article we will talk about the swift recovery in India’s Financial economy post the COVID episode and the role played by the key principal agents. These agents are the RBI, the Government Sector and the Banking Sector. …

This week I thought I will take a break from the intensity of the financial markets to take a step back and look at some of the long term drivers behind the real economy. We will be referring extensively to RBI’s KLEMS analysis extensively, so some context to this dataset…

This week I intend to look at the linkage between decisions taken by the RBI and its impact on the real economy during the course of this COVID induced financial crisis. I will use the following framework to think through this analysis: Inflation Reserve Money and the Economy RBI Measures…

In this post we will take a step back from the Indian Economy and take stock of how the aggregate global economy is likely to get impacted by COVID. …

This week we will evaluate India’s fiscal condition and I hope to bring out a few facets that I have learnt about recently and are not as widely discussed. I will start with the central government and then proceed towards the state government and other off-balance sheet entities. When looking…

In this week’s analysis we will delve into India’s external sector, principally to understand how we can positioned there amidst the ongoing COVID crisis. A good starting point for this analysis is to reflect on India’s stated exchange rate regime. According to IMF’s classification, India falls under the managed float…

In the inaugural post of the weekly series on India’s financial economy, I thought that there is no better place to start this journey than the RBI. RBI has emerged as a dark knight for our economy at a time when most other parts are reeling under extreme duress caused…