Pallavi Nahata

Mumbai

Associate Editor, Economy at BQ Prime

Without data you are just another person with an opinion -W.E Deming. Views and tweets are personal.

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Articles

Sharp Inflation Drop Prompts Economists To See RBI Terminal Rate At 5.25%

1 week ago | ndtvprofit.com | Pallavi Nahata

The Reserve Bank of India's terminal repo rate could fall to 5.25% in the current cycle, analysts predict, as inflation continues to surprise on the downside and the Monetary Policy Committee is expected to implement more rate cuts in 2025, driven by subdued inflation and manageable global risks. Retail inflation in March a six-year low at 3.3%, driven by a sharp drop in vegetable prices.
IMD Forecasts 'Above Normal' South-West Monsoon In 2025

1 week ago | ndtvprofit.com | Pallavi Nahata

There is a strong probability that the southwest monsoon rainfall will be above normal or higher than 104% of the long-period average, according to the Indian Meteorological Department. The forecast spells a positive development for the economy amidst slowing growth and headwinds from retaliatory tariffs imposed by US President Donald Trump. The southwest monsoon rainfall is likely to be at 105% of the LPA, according to the IMD forecast.
March CPI Data: India's Retail Inflation Eases To 3.34%, Lowest Since August 2019

1 week ago | ndtvprofit.com | Pallavi Nahata

India's retail inflation eased by 27 basis points in March, slipping to the lowest since August 2019. The consumer price index-based inflation moderated to 3.34% in March, from 3.61% in February, according to data from the Ministry of Statistics and Program Implementation on Tuesday. A Bloomberg poll of economists had pegged the median inflation estimate at 3.5% for March. Food and beverage inflation eased to 2.88% from 3.84% in February.
India’s Trade Deficit Widens To $21.5 Billion In March As Imports Rise

1 week ago | ndtvprofit.com | Pallavi Nahata

India’s trade deficit expanded to $21.54 billion in March, from $14.05 billion in February, according to data from the Ministry of Commerce and Industry. Merchandise exports were flat, growing by 0.7% to $41.97 billion in March, while merchandise imports grew by 11.3% to $63.51 billion. On a monthly basis, exports grew by 13.75, while imports grew by 24.6%.
India's Wholesale Inflation At Six-Month Low Of 2.05% In March

1 week ago | ndtvprofit.com | Pallavi Nahata

India's wholesale price inflation was at 2.05% in March and 2.38% in February, data released by the Ministry of Commerce and Industry showed on Tuesday. While wholesale inflation in primary articles declined, led by easing food article inflation, the month continued to witness an increase in prices of manufactured products.
March CPI Data: India's Retail Inflation Eases To 3.34%, Lowest Since August 2019

1 week ago | flipboard.com | Pallavi Nahata

The U.S. Treasury market over the past week saw investors fleeing the safe haven, in an unusual move that added to the market turmoil caused by U.S. …
RBI Monetary Policy: Repo Rate Cut By 25 Basis Points To 6.0%

2 weeks ago | ndtvprofit.com | Pallavi Nahata

India's Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, cut the benchmark repo rate by 25 basis points, while changing its neutral stance to accommodative. This is the second rate cut in a row, following the first one in February. After the review, the MPC decided the following on lending rates:• None To cut the repo rate by 25 basis points to 6.0% unanimously. • None The standing deposit facility rate, pegged 25 basis points below the repo rate, is at 5.75%.
Skymet Forecasts 'Normal' Monsoon In 2025

2 weeks ago | ndtvprofit.com | Pallavi Nahata

The monsoon season, during which India receives the bulk of its annual rainfall, is likely to be "normal" in the upcoming June-September cycle, according to private weather forecasting agency Skymet. The rainfall to be recorded during the four-month period is expected to be to the tune of 103% of the long-period average of 868.6mm, with an error margin of +/-5%, the agency said in a statement on Tuesday. Notably, the spread of normal monsoon is in the range of 96-104% of LPA.
US Tariff Impact: Crisil Lists Sectors Worst Hit By Trump's Move

2 weeks ago | ndtvprofit.com | Pallavi Nahata

US tariffs pose a downside risk to revenue and profitability for India Inc., with the impact possibly getting magnified as we move down the value chain to micro, small and medium enterprises, according to a research note by Crisil. The report by Crisil was an internal note shared widely on social media. Crisil's analysis of manufacturing sectors shows an unfavourable outlook for gems and jewellery, and marginally unfavourable for chemicals, aluminium and auto components.
RBI Policy Preview: Next Rate Cut Could Be On The Anvil

2 weeks ago | ndtvprofit.com | Pallavi Nahata

The Reserve Bank of India's Monetary Policy Committee is expected to cut the benchmark lending rate in April, even as it continues to frontload liquidity to ensure rate transmission. The MPC will meet from April 7 to April 9. This is shortly after US President Donald Trump announced retaliatory tariffs on India at 27% amidst concerns over slower global and domestic growth and continuing uncertainty. All economists polled by Bloomberg expect the MPC to cut the rate, at least by 25 basis points.