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Banks have largely exited Indian rupee arbitrage trades. The Reserve Bank of India imposed limits on onshore positions to curb volatility. These measures targeted arbitrage trades between onshore and non-deliverable forward markets. Most of these positions have now been unwound. … Read More

Markets are not signalling confidence in recovery; they are signalling uncertainty about it. Historically, post-conflict rallies tend to be sharp but short-lived, with nearly 30 to 40 per cent of initial gains retraced if macro clarity does not follow. So … Read More

The Indian rupee experienced a slight decline on Thursday. Higher oil prices, driven by concerns about the U.S.-Iran truce, impacted local stocks and bonds. Regional markets also faced pressure. Israel’s actions in Lebanon further jeopardized the Middle East ceasefire. Iranian … Read More

India’s growth forecast for FY27 is now 6.6 percent, according to the World Bank. This is a slight increase from previous estimates. However, the ongoing Middle East crisis poses a risk to this projection. While GST rate cuts are expected … Read More

India Inc’s finance heads welcomed the Reserve Bank of India’s decision to hold the repo rate at 5.25% stating that the move reflects a prudent approach of fiscal management amid increased geopolitical uncertainty due to the war in West Asia

The RBI said recent spikes in energy prices due to the conflict have emerged as a risk. Although retail prices of petrol and diesel have remained unchanged so far, the pass-through of higher global energy prices has resulted in some … Read More

India’s GDP is projected to grow at 6.9 percent in 2026-27. Strong domestic demand, particularly from consumption and investment, will drive this growth. However, the Reserve Bank of India notes significant risks. The ongoing West Asia conflict and global financial … Read More

Sanjay Malhotra clarifies forex measures are temporary, cites March volatility and reiterates focus on inflation and policy flexibility.

​The RBI said real GDP growth for 2025-26 is estimated at 7.6 per cent, as per the new GDP series (base year 2022-23), reflecting strong momentum in economic activity supported by robust consumption and investment, alongside supportive policy measures, ongoing … Read More

​”CPI inflation for 2026-27 is projected at 4.6 per cent with Q1 at 4.0 per cent; Q2 at 4.4 per cent; Q3 at 5.2 per cent; and Q4 at 4.7 per cent. Core inflation is projected at 4.4 per cent. … Read More