MACRO SHOCKS

​I think July is a tough call now, although the payroll numbers on Friday will give us another clue on that. But I think they will cut twice before the end of the year, probably in September and December.

"Under the baseline scenario, the aggregate CRAR (capital to risk weighted asset ratio) of 46 major banks is projected to slip from 16.7% in March 2024 to 16.1% by March 2025," the RBI said in its June 2024 Financial Stability Report.

The finance ministry's April report predicts strong economic activity in FY25, with rising industrial activity and fixed investments. Positive macro-economic indicators include a bright manufacturing outlook and improved services sector, supported b...

A report by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years.

Shaktikanta Das, the Governor of the Reserve Bank of India, highlights the need for durable inflation, discusses the positive macroeconomic factors contributing to India's stability and growth, and acknowledges the challenges posed by global debt wh...

India's macro-fundamentals have strengthened despite severe external shocks since 2020, according to Reserve Bank Monetary Policy Committee member Ashima Goyal. The country's economic diversity, adequate buffers, and feasible reforms have enabled co...

Abul Fateh says: "Exposure to fixed income should be raised, especially towards the longer end of the curve. MPC has taken note of the real rates being positive at this point. The markets have also responded, especially in the last few weeks of CY20...

​The 2023 global macro backdrop was less hostile for India than thought out at the start of the year. Global growth is tracking nearly 1% pt. higher than envisaged at the start of 2023.

In a written reply in the Rajya Sabha, minister of state for finance Pankaj Chaudhary also said the government has been successfully adopting measures to mitigate global shocks on the domestic economy over the past three-four years.

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at FIBAC 2023, highlighted the vulnerability of headline inflation to both domestic and international factors. While household price rise expectations are stabilizing, headline inflation...

Economists and policymakers must recognise that the world is changing and reset the existing models that guide decisions. The notion of a shock is new to macroeconomics. However, there is an implicit assumption that these are infrequent and transmit...

The Indian IT industry is expected to reduce campus intake this year due to weak global cues and a cut in discretionary spending by clients. Infosys and HCL Tech's subdued hiring signals a tough road ahead for freshers. IT giants like TCS, Infosys, ...

In combination, the three macro-indicators could support already high inflation across many countries by making goods and fuel imports costlier, and disrupt capital flows across the globe, imposing more hardship on debt and current account-stressed ...

Airline stocks, currencies of oil-importer nations and bond yields are just a handful of the asset classes already starting to reflect the reality of Brent at $95 a barrel. Meanwhile, strategists from Goldman Sachs Group Inc. and Barclays Plc have r...

Microeconomics has historically been more successful in predicting economic behavior than macroeconomics, due to its ability to conduct controlled experiments. Microeconomics and macroeconomics are inextricably bound, but microeconomics has historic...

The asset quality of India's state-run banks has improved with gross non-performing assets - the measure of a bank's bad loans - at 4.97% in March 2023, the ministry said in a statement released after a meeting between the finance minister and heads...

The Indian banking system is well capitalized to absorb macroeconomic shocks, according to a stress test conducted by the central bank. In a severe stress scenario, bad loan ratios may rise to 5.1%. However, under the baseline scenario, bad loan rat...

The bank has maintained a growth CAGR of 15% in the past 10 years and is expanding its presence in the northern states by offering various innovative products.

The Indian economy and the domestic financial system remain strong and resilient in a hostile international environment, supported by robust domestic macroeconomic fundamentals, RBI said. Financial markets, however, are witnessing heightened volatil...