India: Is RBI Poised to Shift to a Tightening Cycle? "¢ The recent jump in inflation, market expectations for it to be elevated through mid-2018, and
Government announces much-needed and expanded recapitalization program for state-owned banks. Complements efforts from May aimed at speedier debt reso
Prime Minister Modi has focused on advancing digital finance as an important part of his structural reform program since coming to office in May 2014.
Below-target inflation along with subdued manufacturing and investment prompted the Reserve Bank of India (RBI) to belatedly cut the repo or policy ra
Chief Minister Nitish Kumar of Bihar rejoins the BJP-led National Democratic Alliance (NDA). Strengthens Prime Minister Modi's hand in the run up to t
The banking system is saddled with large stressed assets stemming from strained corporate balance sheets. Efforts in the past several years to resolve