Author name: Saurabh Pingle

The MPC decided to keep all rates on hold and retained stance as ‘withdrawal of accommodation.’ The rate decision was […]

The monetary policy review was status quo on policy stance and rates, as was widely expected. However, there was a

Probably the most noteworthy feature of India’s recent macro-economic dynamics has been the increase in the trend rate of our

Introduction It has now been almost one and a half years of what has been a very aggressive developed market

There are three large macro questions of note today, in our view: How far and how long on major Developed

Against majority expectation, MPC paused on rate hikes in a unanimous decision. All except Prof. Varma chose to persist with

The MPC kept rates and stance unchanged,  the latter with the expected dissent from Prof. Varma. While the rate inaction

The FY24 union budget, presented on 1st February 2023, pegged india’s fiscal deficit at 5.9% of GDP in FY24, after

Although we’d just done a detailed macro and strategy note recently, much has been happening in the world to merit

The past week saw two notable developments for liquidity and money markets. One, RBI announced surplus transfer of INR 87,416