Indranil Sen Gupta

RBI in prisoner's dilemma in FX/rupee; NRI bonds way out?

To restore a level playing field for the rupee relative to other currencies, the RBI will have to raise some lumpy capital inflows, says Sen Gupta.

High current account deficit likely until 2015: BofA-ML

The current account deficit of the country is "peaking" but is likely to hover around 4 per cent level until 2015, says a Bank of America Merrill Lynch report.

Rupee battered despite over $12.5 bn drop in forex reserves

While the rupee lost 9.7 percent between April 2 (54.25 to the US dollar) and July 12, when it closed at 59.57, during the same period (between the weeks to April 5 and July 5), the forex reserves plunged by 4.28 percent or $12.48 billion to reach $280.17 billion from $292.65 billion

Will policy shift to reverse repo lead to lending rate cuts

Banks are not passing the rate cut benefits even after RBI slashed 75 basis points in the policy or repo rate. Experts believe, lenders will transmit policy actions when the central bank shifts policy rate to reverse repo mode. A brief analysis follows....

RBI to lower key rate by 0.75% this fiscal: BofA ML

The Reserve Bank is likely to switch focus to supporting growth from fighting inflation and is likely to go for 0.75 per cent rate cut in the current fiscal, Bank of America Merrill Lynch said in a report.

Diesel price hikes to add 120 bp to FY'14 inflation

The government move to allow hike in diesel prices is likely to add 120 basis points to inflation, which is expected to be in the 7-7.5 per cent range in the March quarter, a Bank of America Merrill Lynch report said.

RBI may cut rates by 100 bps between Mar-Sep: Merrill

Bank of America Merrill’s India economist Indranil Sen Gupta sees the Reserve Bank of India cutting benchmark rates by 100 basis points between March and September this year.