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Liquidity Report April 5 to 9 2021

The banking system liquidity surplus has widened sharply during the first week of the new financial year 2021-22. The liquidity surplus rose to Rs 6.18 lakh crs in the week ended April 9, 2021 compared with Rs 4.56 lakh crs on April 1, 2021...

Apr 12 2021 |
A Commentary on Currency

The rupee today went past the Rs 75/$ mark before correcting to the 74.90-75 range. The analysis tries to make sense of these movements...

Apr 12 2021 |
Weekly update on Central Government Borrowings - April 9 2021

In the first GSec auction in the new fiscal year FY22, the central government has raised Rs 37,853 crs, highest weekly market borrowing since May 22, 2020 and notably higher than the notified amount (Rs 32,000 crs)...

Apr 09 2021 |
Update on Mauritius Economy - March 2021

The gross domestic product in the fourth quarter of 2020 contracted by 10.9% (year-on-year), 12.8% lower than the 12.5% contraction in the previous quarter. The economy registered a growth of 2.5% in the corresponding quarter last year…

Apr 09 2021 |
Government Spending on Healthcare

Ever since the pandemic struck, there has been a lot of focus on healthcare. Governments at both the levels have been making the right sounds. But is this enough and does this get translated into numbers?

Apr 08 2021 |
Foreign Direct Investment FDI Inflows

The total FDI  inflows in India during the first ten months of FY21 stood at USD 72.12 billion, 15% higher than inflows of USD 62.72 billion recorded in the corresponding period of FY20...

Apr 08 2021 |
Strong Foreign Portfolio Investments in FY21

FPI in India was at a 6-year high in FY21 with high inflows into the equity markets and marginal outflows from the debt markets...

Apr 08 2021 |
RBIs Monetary Policy - April 2021

In line with expectations, the RBI retained the key policy rates and pledged to continue with the accommodative policy stance till economic recovery is well secured...

Apr 07 2021 |
Liquidity Report 22 March to 1 April 2021

The banking system liquidity surplus has widened in the holiday shortened week-ending April 1, 2021. The liquidity surplus in the banking system rose to Rs 4.56 lakh crs as on April 1, 2021 compared with Rs 3.78 lakh crs on March 26, 2021 and Rs 3.92 lakh crs on March 19, 2022...

Apr 05 2021 |
Macro Bulletin - March 2021

The Indian economy registered a GDP growth (YoY) of 0.4% in Q3 FY21, after recording negative growth of 24.4% and 7.3% in the previous two quarters. The positive growth during the third quarter of FY21 is indicative of slow resumption of economic activities, higher consumption and activity across sectors...

Apr 05 2021 |
CARE Ratings Debt Quality Index - CDQI - March 2021

CARE Ratings Debt Quality Index (CDQI) denotes the quality of debt that can be interpreted over time and juxtaposed with other developments in the financial sector. The CDQI captures, on a scale of 100 (index value for the base year FY12), whether the quality of debt is improving or declining...

Apr 05 2021 |
Expectations from RBIs Monetary Policy

CARE Ratings expect status quo on rates and stance. It would be interesting to know the RBI’s views on growth and inflation in the light of the recent developments on lockdowns as well as rising core inflation...

Apr 05 2021 |
Maharashtra lockdown to shave off 0.3 percent growth

The lockdown in Maharashtra for a month is quite severe as it impacts the service sector in particular which was just on the verge of recovering from the earlier lockdown...

Apr 05 2021 |
Assessment of Credit Quality of Rated Entities FY21

The year gone by has seen a major disruption in operations of businesses across sectors which has got reflected in the credit quality of CARE Ratings’ rated entities. Although the credit quality has been moderate for the year, there has been a sequential improvement every quarter of FY21, with the MCR for Q4 FY21 being above unity levels at 1.03, indicating higher upgrades than downgrades in the quarter...

Apr 03 2021 |
Currency Review - March 2021

FY21 was clearly the year of the dollar when it comes to analyzing currency trends. With the dollar being the main anchor currency, the fortunes of the US economy were the drivers of all such movements...

Apr 01 2021 |
Global Stock Markets Round-up - March 2021

The report covers market movements in select major stock exchanges across the US, Europe and Asia (including India) to give a bird’s eye view on various factors that drove the markets during the month...

Apr 01 2021 |
Global Bond Yield Movement in March 2021

Expectations of stronger growth to be fuelled by the broader reopening of the economy and the aggressive vaccination programme have raised the risk of higher inflation...

Apr 01 2021 |

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