Global Economic Scenario
The Renaissance is in place in global markets. US is proving itself to be a resilient economy, despite it going through an arduous period of intervention and rehabilitation since the global financial crisis in 2008. Is there a structural change that is evolving which will be powerful enough to influence global economic prospects? The answer is yes...
Domestic Economic Scenario
BoP predictably registered its first deficit in 3 years in 3QFY12 in the wake of a record current account deficit (CAD) and a plunge in capital inflows, necessitating a drawdown of reserves of almost $13 billion during the quarter...
Perspective on Markets
The easing of inflationary pressures is likely to continue over the next few months onwards due to positive base effect. However, concerns over inflation remain due to elevated crude prices, depreciation of the Rupee and the incomplete pass through of inflation in administered prices...