Paris Climate Accord

What happens after Trump has walked out? In a move that was not exactly surprising, Donald Trump announced the unilateral withdrawal from the Paris Climate Accord. Trump’s contention was that the Climate Deal was heavily loaded in favor of countries like China and India and was contrary to the interests of the US. The big…

RBI Rate Cut

Will the MPC bite the bullet in the June Credit Policy? A day after the GDP data was announced, there was little impact on the stock markets. Markets were expected to correct sharply after the weak Q4 GDP data. But the equity markets were giving a different twist to the argument. Markets believed that the…

Q4 GDP Growth

It looks more like a temporary weakness than a structural problem… The GDP estimates released for the fourth quarter of 2016-17 and for the full fiscal year have come in lower than expected. While the quarterly GDP growth came in at 6.1%, the full year GDP came in at 7.1%. A cursory look at the…