Udit Misra

High WPI inflation will further convince RBI to raise interest rates and do so urgently.

High inflation in one year feeds into higher prices in the subsequent years even if the inflation rate, per se, moderates. In India, it is the urban poor who are the worst affected by high inflation

Inflation in April is at its highest in the last 8 years, and almost twice the RBI's target. A look at the factors that have kept inflation high since October 2019, and how it impacts consumers and the economy.

West Bengal, Madhya Pradesh and Telangana are the worst hit by inflation

The rupee fell to an all-time low on Monday, and is currently at 77.20 to the American dollar. What is the significance of this exchange rate, how is it determined, and what are the takeaways from its fluctuations?

Containing inflation will dampen economic growth and the availability of jobs. But while the US has 2 jobs for every unemployed person, India must brace for even higher unemployment. Here's why

At least five indicators show India's central bank fell behind the curve on managing inflation — glossing over mounting macroeconomic evidence and delaying important policy decision.

The latest RBI report states that India is expected to overcome Covid-19 losses in 2034-35. But even this projection is based on a rather optimistic assumption.

India’s already low labour force participation rate has fallen further to 40% in December 2021, latest CMIE data show. What is the significance of LFPR and employment rate, and why are fewer people seeking jobs?

The International Monetary Fund's latest World Economic Outlook has rolled back growth prospects for the world and for India. What are the reasons, and how does the outlook differ for advanced and other economics?

Domestic retail investors have been net buyers even as Foreign Portfolio Investors have been net sellers. What explains this difference in investing behaviour? And is it about to change?

The Finance Minister has said the government cannot bring down taxes - and thus oil prices - because it has to pay for oil bonds issued by the UPA. What are oil bonds, and to what extend do they tie the government's hands?

The RBI has signalled a stark jump in its inflation forecast — not just for the current financial year (2022-23) but also for the next one (2023-24). And yet it has neither raised the interest rates nor even changed its policy stance. What explains this?

The Chief Justice of India has assured petitioners that the Supreme Court will take up for hearing a pending plea challenging the Electoral Bond Scheme, 2018. What are electoral bonds and why are they facing criticism?

Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance and what does RBI do with it? We explain.

The widening of CAD in Q3 of 2021-22 was mainly on account of higher trade deficit, according to the Reserve Bank of India.

Why has Russian President Vladimir Putin ordered that importers of gas must pay in rubles rather than dollars or euros. What are the ramifications for Russia and the West, as well as India? How does China gain?

India’s merchandise exports had reached a level of $305 billion as early as 2011-12. Since then exports have stagnated. That's why, even at $410 billion, as a percentage of GDP, India’s exports are far off the peak they reached a decade ago.

Retail inflation in February reached an eight-month high and breached the RBI's comfort zone. This has happened without the domestic oil prices reflecting the higher crude oil prices. What factors will determine inflation from here on?

WPI and CPI are two different baskets of goods and services. The government assigns different weights to different goods and services based on what is relevant for those two types of consumers.

If domestic prices were to be brought in line with the global spike then a litre of petrol and diesel would go up by Rs 25 and Rs 35, respectively, and a cylinder of LPG would be costlier by around Rs 400.

With oil imports from Russia banned by the US and being phased out by the UK, crude prices are set to rise, particularly in the US and Europe. How much oil does Russia supply, and can the gap be met?

While most eyes will be on the five-state Assembly election results, surging crude oil prices and weak GDP data appear to be creating the grounds for stagflation in India

The Ministry of Statistics and Programme Implementation Monday released the Second Advance Estimates of GDP for the current financial year. How many revisions of GDP estimates are done, and why? What is the highlight in the SAE? Is this the final picture?