Skip to content
The KakistocratEconomics · Politics · Policy
India tape
Nifty 5025,255.05+0.84%Bank Nifty60,792.40+1.76%Midcap 10061,519.10+0.81%India VIX17.56+0.80%₹/$93.69−0.26%Brent$107.03−0.34%WTI$99.64−0.42%Gold$4,105−5.0% m/mUS 10Y4.88%+0.41%US 2Y4.56%+1.11%Dollar idx121.9+0.31%BTC74,591live
Markets →
Series

When central banks diverge

A comparative monetary-policy series on rates, currencies, and the financing conditions India inherits.

Part 1
22 Dec 2025
Money

Japan’s rate rise puts a price on financing Indian assets in yen

India’s exposure to a stronger yen runs through funding and hedging choices as much as direct borrowing.

Part 2
23 Mar 2026
Money

Britain’s March rate hold shows how central banks can wait through an energy shock

The Bank of England held at 3.75%. The relevant lesson for India is how to tell a temporary rise in costs from persistent domestic inflation.

Part 3
16 Jun 2026
Money

The ECB’s June increase exposes Indian exporters to two different risks

The euro value of an invoice can rise while a European customer’s ability to finance the next order deteriorates.

Part 4
12 Aug 2026
Money

Australia’s rate hold shows why household debt changes the speed of monetary policy

A central bank can hold rates while earlier increases are still working through mortgage payments and household budgets.

Part 5
2 Nov 2026
Money

The global dollar credit total tells India little about who can refinance

Global liquidity statistics provide a benchmark. India’s risk depends on debt maturity, currency hedges and which borrowers need cash at the same time.