As expected, the central government increased its headline fiscal deficit target to 3.8% of GDP in FY20 and 3.5% in […]

As the COVID-19 outbreak evolved into a full-blown global pandemic, various countries, including India have introduced lockdown measures. This has

Market participants including ourselves have lately lamented the somewhat underwhelming response from the RBI to a rapid tightening in financial

The US Fed in some sense pushed boundaries and stepped directly into the market for lending of all sorts with

The year gone by was one of realisation. Tax collections faltered, forecasts were marked down and states faced delay in

The Union Budget 2020-21 appears to have realized the fiscal limits and has not done enough to excite the market,

Domestic concerns with respect to rising CPI inflation have been escalating lately. Prima facie these are well founded since, largely

In recent times, discussions regarding Credit Risk funds often veer towards speculating which company will default next and when! This

Bold Is Back : RBI Policy Feb 2020 We had titled our December 2019 policy note “Back to the Book”

The run up to the budget has been understandably laden with a wide variety of analysis and speculation with respect