India

India's WPI inflation drops 2.1% YoY

By February, wholesale inflation has averaged 2.5%.

RBI refrains from lowering rates amid quiet disinflationary trend

And lack of material changes in the fiscal outlook.

Indian markets stumble on external triggers

The main benchmark SENSEX is down 3%.

Indian stock markets down 5%

Investment and production cycle are slow to turn around.

Gradual recovery underway for India’s economy

With a structural boost over the next two or three years.

First time in 4 years: India’s deposits outpace credit growth

Amid wary banking system and subdued demand conditions.