India to be the third largest economy by 2031: Report According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%. By Rajiv Bhuva
India’s foreign exchange reserves at lifetime high The big question is how much more foreign exchange will the Reserve Bank of India buy, and why? By Rajiv Bhuva
High crude oil price + weak rupee = Wider CAD While hoping for no rate action from RBI, Ind-Ra expects a macroeconomic hotchpotch if these factors sustain beyond a quarter. By Rajiv Bhuva
