As we feared, the second coronavirus wave is playing havoc with India’s health system and more states have adopted stricter measures to contain...

The rapidly swelling second wave has taken a big toll on the country’s health infrastructure. The health system has collapsed in the worst hit...

The coronavirus resurgence in India is raising concerns that the recovery could be derailed. With state governments reluctant to reintroduce...

After an extraordinary downturn across Asian city economies in 2020 we expect a broad return to growth in 2021. But while many cities that...

As financial markets started pricing in stronger US economic growth and inflation because of Joe Biden’s stimulus plan, US bond yields have risen....

Expectations of a supportive macro policy environment have underpinned our positive 2021 outlook for India for some time. Despite the impressive...

The IDR and INR were the only Asian currencies that depreciated against the USD in 2020. Last year we highlighted the twin deficit risks that were...

Markets have cheered today’s budget, which was perceived to be growth-oriented with an emphasis on infrastructure spending. The revised estimates...