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Economy
EcoScope
  • Ecoscope: CAD at four-year high in 1QFY18
    15-Sep-2017

    India's current account deficit (CAD) widened sharply to USD14.3b (or 2.4 % of GDP) in 1QFY18, higher than our estimate of USD13.1b, but below market consensus of USD15.4b. Deterioration in CAD was le..

  • Ecoscope: August inflation doesn 't dampen case for rate..
    14-Sep-2017

    With India's retail inflation more than doubling from 1.5 % YoY in June 2017 to 3.4 % YoY in August 2017, it is broadly believed that the rate cut window has probably closed. However, details of CPI r..

Elections
Budget
  • Union Budget 2017-18: Realistic numbers add credibility
    01-Feb-2017

    The government pegs FY18 fiscal deficit target at 3.2 % of GDP, lower than 3.5 % forFY17, but slightly higher than the self-committed target of 3 % of GDP. Since primary deficit and debt-to-GDP ratio ..

  • What to expect from Union Budget 2017-18?
    24-Jan-2017

    The Union Budget 2017-18 is scheduled to be released on 1st February 2017. Uncertainty looms large ahead of the budget, especially with the economic impact of demonetization still unfolding and the ti..

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