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GAURA SENGUPTA
WACR tops repo rate for first time in nearly 2 monthsLiquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve...
Special swaps rake in $143.5 billion in forex inflows: FCNR(B) scheme leads with $133 billionBanks mobilised $132.9 billion through FCNR(B) deposits under the RBI’s special forex swap window, taking total inflows, including ECBs and...
Gaining ground: Household manufacturing grows 4x faster than corporatesHousehold manufacturing in India is growing nearly four times faster than corporate entities. This sector's gross value added shows a subst...
India’s record foreign deposit push could cost RBI $10.6 billion: Why the diaspora fundraising drive may prove expensiveIndia's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The un...
RBI faces about $11 billion bill on foreign deposits planIndia's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...
RBI's net short forward positions hit record $137 billion in JulyThe Reserve Bank of India's net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related ...
Ready-made food prices may stay high as input, packaging costs riseReady-made food prices are likely to stay high due to increased input and packaging expenses. Inflation in these products accelerated to ni...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
RBI special windows seen big enough to bring in $100BIndia's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over f...
RBI likely to hold rates in August, maintain hawkish tone as inflation risks loom: EconomistsThe Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated inflation risks and the FCNR(B) depo...
Forex kitty grows $6 billion as dollar count risesIndia's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682....
How the rain gods impact the Indian economyIDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. Wh...
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...
Plan afoot to create index for unincorporated enterprisesThe index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large ...
Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
Increase capex, slow down fiscal consolidation going forward: EconomistGaura Sengupta from IDFC First Bank predicts FY25's capex will fall short of the Rs 11.1 trillion target at around Rs 9.6 trillion. She str...