Tag: Government

17 Apr

Economic Spotlight: Trade Deficit Inches Up

Trade Deficit came in at USD 10.9 billion in March, making the FY19 trade deficit at USD 176.4 billion up from USD 162 billion in FY18.The March trade deficit is down -19% Y-o-Y, however, has seen a sequential rise from USD 9.5 billion in February 2019. Key Highlights March 2019 exports grew by 11.02% Y-o-Y […]

GDP Q2FY19: Growth Slows On Weak Consumption

Q2 Gross Domestic Product (GDP) growth has slowed appreciably to 7.1% as against street consensus of 7.5%. Gross Value Added (GVA) grew at 6.9%. Key Takeaways from the GDP Numbers (1) GDP growth, though much smaller than consensus, hides the delayed bouncy of festive season which should get reflected in the next quarter. (2) Government expenditure has […]

Macroeconomic Factor

What is a ‘Macroeconomic Factor’? A macroeconomic factor is one that is related to the broad economy at the regional or national level and affects a large population rather than a few select individuals. Examples of macroeconomic factors are economic output, unemployment, inflation, savings, and investments, and they are key indicators of economic performance that are closely […]

RBI vs Government

Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee and bonds. Indian television channels CNBC-TV18 and ET Now cited sources as saying that Patel could quit. The RBI and the finance ministry […]