IT Services is the largest component of India’s exports. As per the RBI’s latest survey, India’s IT Exports were US$130bn in FY21. And despite the…
The manufacturing sector has seen a sharp increase in the number of new formal firms being set up in the last few years. In the last 5 years, the number…
Data for several high-frequency indicators is now available for April and May of this year. And compared to the year-ago period, most of them are…
India’s Consumer Price Inflation (CPI) rose to a 6-month high of 6.3% in May-2021. For the first time since November-2020 inflation is above the upper…
Almost 60% of the businesses surveyed in the RBI’s quarterly Industrial Outlook Survey in June expect the business situation to improve in the next…
Banks in India put more of their deposits in Investments (SLR Investments which are mostly Government securities) than they gave out in Loans in the…
Monthly Banking Monitor for June-2021
India’s Exports have seen on a tear this year. YTD (April – November), Merchandise exports have grown 50% YoY. While the decline in exports last year is…
Since the start of the pandemic, money markets in India have been flush with liquidity. Average surplus liquidity had averaged around ₹2.8tn from…
FY21 was a bad year for the Indian economy due to the ongoing Covid pandemic. Overall GDP is estimated to have fallen by 7.3% YoY, the worst outcome…
Private sector banks have gradually taken away market share from Public sector banks over the last several years. It is one of those trends that started…
Foodgrains stocks with the Food Corporation of India (FCI) reached a record high of 91 million tonnes as of 1st July. Of the 91 million tonnes of…