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  • RBI cuts policy rate by 25bp, maintains neutral stance
    04-Apr-2019

    As was our expectation, the MPC on 4th Apr'19 cut its policy repo rate by 25bp to 6.0 %. Consequently, the reverse repo rate stands at 5.75 % and the marginal standing facility (MSF) rate at 6.25 % (E..

  • Fiscal spending supports EAI growth in Feb'19
    02-Apr-2019

    Our in-house Economic Activity Index (EAI) for India's real GDP (EAI-GDP) moved up by 6.6 % YoY in Feb'19, following strong growth of ∼8 % in the previous month. While EAI growth has weakened vi..

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