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Intelligence Over Information
In a world shaped by rapid change, timely insights are now a necessity. At Burgundy Private, we bring you expert analysis that decodes the complexities of global markets, macroeconomic developments, currency trends, and investment opportunities both local and global.
Our insights are developed in collaboration with Axis Capital and are authored by seasoned in-house experts and strategists with deep expertise across global markets. Whether you are looking to understand the latest shifts in FX, delve deeper into monetary policy changes, or evaluate sectoral trends across economies, our market outlook covers it all.
We update this section regularly with monthly outlooks, special reports and timely commentary.
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latest from our experts at Axis Capital and Burgundy Private.
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Insights
At Burgundy Private, insights go beyond data. They bring perspective. Here, we distill research, trends, and expert views into meaningful takeaways that help you stay ahead in a constantly evolving financial landscape.
INR: Yet another Rupicon
The US Dollar (USD) rose through March on shocks from the Iran war
Business Economic Research Team
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Goldbug: Asian demand to overcome Western selling
Gold prices fell in March, despite the US entering a deepening conflict
Business Economic Research Team
discover
Gradually, then suddenly
Long term macro shifts around savings, neutral rates, market segmentations
Business Economic Research Team
discover
Inflation up mildly, but multiple (one-off) upside risks ahead
March CPI inflation YoY rose 20bps from Feb to 3.4% YoY
Neelkanth Mishra, Chief Economist
discoverEconomic Research | India Trade
US deal removes tariff disadvantage, to help sentiment on INR
Neelkanth Mishra, Designation: Chief Economist
discover
Economic Research | World in Focus
Fed likely to hold rates until 2HCY26
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India Trade
India-EU FTA – strong signal/strategic value; gains to come later
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India Trade
India’s exports shrug off post-2022 weakness despite US tariffs
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
Revenue shortfall managed, deficit on target; consolidation to continue
Neelkanth Mishra, Designation: Chief Economist
discover
Economic Research | India
GST Redesign: Growth positive (0.4pp), but fiscally neutral
Neelkanth Mishra - Chief Economist
discover
Economic Research | World in Focus
Rate cut cycle resumes after 9-month hiatus
Neelkanth Mishra - Chief Economist
discover
Economic Research | Trade Wars
Why are tariffs not hurting US consumers yet
Neelkanth Mishra - Chief Economist
discoverEconomic Research | India
Weak income tax receipts overshadow recovery in corporate tax
Neelkanth Mishra - Chief Economist
discover
Economic Research | India
India 1Q growth surprises: GST reforms may offset tariff headwinds
Neelkanth Mishra - Chief Economist
discover
Economic Research | India
GST 2.0 simpler, lighter and more contemporary
Neelkanth Mishra - Chief Economist
discoverEconomic Research | India
Inflation did not surprise to the downside, but still too low (large slack)
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | World in Focus
Powell – we are at ‘neutral’ now
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
Outlook 2026: Look! Growth above trend but low inflation
Neelkanth Mishra, Designation: Chief Economist
discover
Economic Research | Monetary policy
MPC measures should help reduce economic slack
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | World in Focus
China’s weak job market → lower consumption, higher exports
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
How strong is the disinflation? Is the expected rapid rebound likely?
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | External Sector
2Q CAD up QoQ but down YoY; financial flows still a risk
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
Fiscal risks now lower, capex growth still healthy
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
2Q GDP another growth surprise; trend growth estimates to rise
Neelkanth Mishra, Designation: Chief Economist
discoverIndia Economics | GDP growth
Upgrading growth forecasts; consensus trend-growth upgrades likely
Neelkanth Mishra, Designation: Chief Economist
discoverIndia Economics | CPI Inflation
Series lows in CPI, food, core ex-gold/silver: low base a concern for FY27?
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | World in Focus
Fed signals caution – no clear path to cuts
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | India
The Rupee’s Release: RBI’s shift in the face of the Impossible Trinity
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | Monetary policy
RBI prioritising EoDB to support growth
Neelkanth Mishra, Designation: Chief Economist
discover
Economic Research | Macro and Markets Flash
From GST Cuts to Global Policy Changes: What’s Driving India’s Economy
Neelkanth Mishra, Designation: Chief Economist
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Economic Research | Balance of Payments
Strong Services Exports Keep India’s CAD at Record Lows in Q1 FY26
Neelkanth Mishra, Designation: Chief Economist
discover
Economic Research | Precious Metals Update
Precious Metals Update: Gold’s Safe-Haven Demand Surges Amid Fiscal Risks
Neelkanth Mishra, Designation: Chief Economist
discoverEconomic Research | FX Outlook
FX Outlook Sep’25: USD Under Pressure, INR Divergence
Neelkanth Mishra, Designation: Chief Economist
discover
Monetary Policy Review
Third Bi-Monthly Policy Review: MPC holds rates and stance, waits for the developments
Neelkanth Mishra, Designation: Chief Economist
discover
Investment Perspectives
Investment Perspectives: Strong domestic fundamentals keep India resilient amid global volatility
