India

India trade deficit narrowed to USD13.5 in May

Commodity prices fell from October last year and t was not until April and May that non-oil imports fell sharply.

India trade deficit narrowed to USD13.5 in May

Commodity prices fell from October last year and t was not until April and May that non-oil imports fell sharply.

India to revive sick state power utilities

Approval of restructuring package would entail monetized debt, says Maybank Kim Eng.

India trade balance adjusts with exchange rate correction

Contrary to popular perception, says DBS, India’s trade balance has already adjusted markedly owing to correction in the rupee exchange rate and international commodity prices.

Slip in domestic, external demand slam India's PMI rise

The PMI improvement to 55 in June suggests an expanding manufacturing sector, but dip in new export orders and domestic new orders suggest that demand remains subdued, says Nomura.

Export sector buoys India's spiraling growth rate

Total exports soared 20-fold to US$530bn from US$26bn in 21 years, Maybank Kim Eng said.

Change at India’s finance ministry spurs hope, says analyst

The changing of the guard has raised expectations of fast-tracking stalled policy reforms, says BBVA Research.

India's announced measures to tackle rupee weakness disappoint

The official announcements, says DBS, amounted to further incremental steps to liberalize the capital account, which only increase the dependence on debt capital inflows.

India faces looming exacerbation of funding risks as capital deficit increases

Indian Rupee now depreciated by 22.9% since the peak on Aug 1,2011 also a key concern.

India's central bank pushes new forex measures on oil companies

State owned oil companies have been ordered by the RBI to buy half their forex needs from public banks.

India’s GDP growth falls to 5.3%

It is the weakest growth pace in eight years amidst supply constraints.

India's central bank urges government to stimulate growth

The Reserve Bank of India left the repo rate unchanged at 8% and the cash reserve ratio steady at 4.75% despite market predictions.

Trade deficit widens in India

The trade deficit for May was US$16.3 billion even as imports declined.

Inflation in India could worsen to 7.4%

Pressure to reduce subsidies and a weakening rupee are furthering inflation-related risks.

Will India's 1Q GDP report a disappointing "5"?

The numbers continue to fall: Moody's Analytics predicted a 5.9% growth, a slowdown from last year's 6.1% and 2010's 8.5%.

India troubled by widening twin deficits

The country's fiscal and current account deficits are at all time highs and are causing all sorts of economic hiccups.

Is India vulnerable to an investment capital crash?

The risk is growing, warns Morgan Stanley, if India continues on its reckless spending path.

Lack of fuel policy causing India's rising inflation?

An inflation reading of 4.5% y-o-y is expected amid uncertainties.