DCSIMG

Tag: India

May

Trip notes from India: A country with great potential

Published date: 1 May 2013

During two weeks’ study trip in India learning about business practices, I discovered that the India is a diverse country with huge growth potential. This is primarily due to a growing middle class and a young population in general. However, lack of fiscal discipline and reforms pose a threat to the bright prospects.

September

India raises subsidised diesel prices in a welcome move

Published date: 14 Sep 2012 | Analyst: Annika Lindblad

The 14% rise is a welcome move amidst worsening public finances, making it easier for the central bank to cut rates. Accelerating inflation restricts the room for rate cuts, though.

Asia FX Outlook: Beggar-thy-neighbour policies

Published date: 5 Sep 2012 | Analyst: Amy Yuan Zhuang

The Asian FX outperformance vs. the USD from the past two months may be reversed in the short term, as prospects for the global economy continue uncertain. A weaker currency is more than welcome for the Asian policy makers.

August

India: A drought of growth

Published date: 31 Aug 2012 | Analyst: Amy Yuan Zhuang

The economic activity has rebounded somewhat during Q2, but considerable downside risks remain. With limited scope to support growth from both monetary and fiscal sides, we expect the economy to remain subdued in the near term.

July

New President in India and crucial needs for reforms

Published date: 23 Jul 2012 | Analyst: Amy Yuan Zhuang

Pranab Mukherjee is elected as the new President of India. Investor hopes are on Prem-ier Manmohan Singh to implement a series of delayed reforms that would reduce the country’s high fiscal deficit and improve growth outlook.

June

EM FX Monocle – Into the summer lull

Published date: 27 Jun 2012

"Life after the storm" was a good title for our May EM FX Monocle – indeed, EM FX volatilities have declined and the currencies started to recover in June.

India keeps rates unchanged

Published date: 18 Jun 2012 | Analyst: Annika Lindblad

The RBI prioritised inflation risks over slowing growth, and kept monetary policy unchanged today. The central bank will continue to balance between high inflation and weak growth this year.

RBI Preview – Between the devil and the deep blue sea

Published date: 14 Jun 2012 | Analyst: Annika Lindblad

"To cut or not to cut?" is the question. India faces a dilemma, as growth is weak but inflation is high. We expect to see a cut, but the Monday meeting could go either way.

Asia FX Outlook: Not the best of times

Published date: 13 Jun 2012 | Analyst: Annika Lindblad

Sentiment took a turn for the worse in May, which was also reflected in a broad range of Asian currencies.

Asia FX Outlook: Not the best of times

Published date: 13 Jun 2012 | Analyst: Annika Lindblad

Sentiment took a turn for the worse in May, which was also reflected in a broad range of Asian currencies.

May

India: GDP surprises on the downside

Published date: 31 May 2012 | Analyst: Annika Lindblad

The weak GDP data highlights the mounting problems in the economy and increases pressure for further monetary policy easing.

INR: Breaking records

Published date: 22 May 2012 | Analyst: Annika Lindblad

Weakening of the INR continues at a brisk pace in India.

RBI steps in with new measures to curb INR weakening

Published date: 10 May 2012 | Analyst: Annika Lindblad

The Reserve Bank of India announced new restrictions on the FX markets in order to stop the INR from weakening further. This will, however, only offer temporary relief.

April

Asia FX Outlook: Stabilisation – where to next?

Published date: 30 Apr 2012 | Analyst: Annika Lindblad

After a strengthening early on in the year, many Asian currencies have held steady over the past month or two.

INR: Nearing record weak levels

Published date: 25 Apr 2012 | Analyst: Annika Lindblad

Pressure on the INR is to remain until the domestic problems are resolved, but longer term strengthening is still intact. Thus we have revised up especially the short end of our INR forecast.

India: Finally a rate cut!

Published date: 17 Apr 2012 | Analyst: Annika Lindblad

The reserve bank of India today cut its repo rate by 50bp from 8.50% to 8.00%, which was more than the 25bp expected. The rate cut is a welcome boost to the struggling Indian economy.

India: Finally a rate cut!

Published date: 17 Apr 2012 | Analyst: Annika Lindblad

The reserve bank of India today cut its repo rate by 50bp from 8.50% to 8.00%, which was more than the 25bp expected. The rate cut is a welcome boost to the struggling Indian economy.

January

Emerging Markets Outlook 2012

Published date: 13 Jan 2012 | Analyst: Anders Svendsen

Many interesting and globally important stories in easily digestable format.

India – strong growth story sidelined

Published date: 4 Jan 2012 | Analyst: Anders Svendsen

We are turning more negative on the economic outlook for this year.

December

Asia FX Outlook

Published date: 8 Dec 2011 | Analyst: Anders Svendsen

European debt crisis continues to weigh on Asian currencies

October

Emerging Markets – from FX risks to liquidity risks

Published date: 25 Oct 2011 | Analyst: Anders Svendsen

The key message in our new Emerging Markets FX Outlook is that FX risks are lower, but liquidity risks are higher. We currently see interesting opportunities in CNY, risk of emergency hikes in Hungary and a strong PLN by year-end.