India
Economy
The Asia-Pacific region will face some stern tests in 2008-10. While we believe that the rise of Asia arguably represents the most significant shift in wealth in five hundred years...
2008-10-31Economy
BMI View: We have set a new short-term target of INR52.00/US$ for the Indian rupee as the unit fell to INR49.83/US$ today. The easing of foreign borrowing implemented today will do...
2008-10-23Economy
BMI View: We continue to see risks that India's fiscal deficit will exceed our forecast of INR2.15trn (4.3% of GDP) in FY2008/09 as the government boosts spending to cushion the current...
2008-10-22Economy
The Reserve Bank of India (RBI) moved to cut the benchmark repo rate by 100bps to 8.0% today in a surprise move three days ahead of its next scheduled meeting on October 24. We highlighted...
2008-10-20Economy
BMI View: We now see an increasing likelihood of a rate cut at the Reserve Bank of India 's upcoming monetary policy meeting on October 24 as growth concerns are rapidly moving to...
2008-10-16Economy
Asia's financial markets are enjoying a strong bounce in line with the US Dow Jones and coordinated international action to relieve tight credit conditions, but they are not out of...
2008-10-14Economy
BMI View: We believe the Reserve Bank of India (RBI) will need to implement further measures to uphold liquidity in the domestic banking system and shield the economy from global...
2008-10-10Economy
We see a growing possibility that the South Korean won could now fall to levels not seen since the 1997-98 financial crisis, and that the Indian rupee could glide to a new record...
2008-10-06
