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Adhish Verma is a senior economist at CRISIL.
The forex chest's swell: Valuation gains to lift India's reserves
But when capital flows are volatile, as has happened this financial year, even financing a low CAD can become challenging and put pressure on the currency
India's current account deficit manageable, but financing needs monitoring
The spectre of higher tariffs imposed by the US means export prospects, including for India, will be subdued in 2025
Using GST as consumption proxy
Unlike private consumption data, GST can provide real-time insights into consumption patterns, economic activity, and state-wise variations
Investments must stand before they can run
Key flank of India's growth gambit runs into the knock-on effects of the Russia-Ukraine war