Commercial risk: Various downgrades amid sharp deterioration of economic activity
Since it was publicly revealed by China that a new virus was affecting its population (around 20 January), the contamination has rapidly spread to ...
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India: The government is striving to overcome the economic gloom
Event
India is experiencing its worst economic slump since 2002. The latest quarterly GDP growth data confirmed that the economy stubbornly continued ...
COUNTRY:
India
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India: A large dividend transfer to the government confirms the central bank’s declining independence
Event
The well-capitalised Reserve Bank of India (RBI) decided to transfer USD 24.4 bn to the fiscal accounts of Modi’s government, a sum ...
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India
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India: Landslide victory at general elections for PM Modi and his BJP party
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Incumbent PM Modi has been re-elected for a five-year term after his BJP party won the general elections in April-May 2019. Official results ...
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India
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India: Positive short-term economic outlook hindered by higher oil prices and currency pressures
Event
This year, the Indian rupee (INR) has been one of Asia’s worst performing currencies with a loss of more than 15% against a strong US dollar ...
COUNTRY:
India
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India: Punjab National Bank’s fraud and waning investor confidence will weigh on state bank recapitalisation plan and government budget
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The Indian banking sector remains shaken by the Punjab National Bank’s (PNB) alleged fraud of about USD 2 bn that was revealed mid-February ...
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India
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India: State banks to benefit from a much larger recapitalisation
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The government has announced a much-needed wider two-year recapitalisation plan for State banks (SOCBs). The necessary capital for the USD 32bn ...
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India
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Modi fatica a far aumentare il potenziale di crescita dell’India
Prosegue il rallentamento dell’elevata crescita in India. Il trend negativo alla fine del 2016 ha subìto una accelerazione a causa di due shock ...
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India
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India: Ruling party’s crushing victory at key state election boosts PM Modi’s re-election prospect
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PM Modi has obtained an unexpected landslide victory at the key state election in Uttar Pradesh (UP) in which his BJP party won 312 out of 403 ...
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India
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India: Slower growth and test polls at risk for PM Modi as a result of demonetisation
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Nearly three months after the demonetisation measure was taken, its negative impact continues to be felt on the Indian economic activity. ...
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India
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India: Short-term economic growth sharply affected by cash shortage
Event
The fight against black money, tax evasion and corruption led the Modi government to ban the two largest bank notes (Rs 500 and 1,000) in a ...
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India
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Major fiscal reform improves the outlook for business and public finances
Event
The long-awaited Goods and Services Tax (GST) reform has decisively moved forward after the bill successfully passed the Parliament’s upper ...
COUNTRY:
India
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