Month: June 2026
India to surpass China in share of global GDP by 2060: Report
New Delhi: India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, as…
RBI says it is fully prepared for Anthropic’s frontier AI model Mythos
The Reserve Bank of India (RBI) has said it is fully prepared to deal with Anthropic‘s frontier AI model Mythos even as it awaits final…
Centre eases FPI norms, offers tax relief to attract foreign capital
The central government on Friday announced a series of measures aimed at attracting foreign investments, including easier investment norms for foreign individuals in Indian equities,…
Strong backing, but light touch: What is the RBI’s rupee playbook?
The rupee gained on Friday, appreciating 50 paise to be at 95.24 against the U.S. dollar after the Reserve Bank of India unveiled a raft…
RBI MPC: India’s Goldilocks moment dims, but the lights are not out
India’s economic sweet spot appears to be getting harder to sustain. For much of the past year, the country enjoyed what economists often describe as…
Rupee rises 50 paise to 95.24 against US dollar after RBI policy move
The Indian rupee became stronger by 50 paise and reached 95.24 against the US dollar on Friday after the Reserve Bank of India (RBI) announced…
India’s forex reserves remain adequate, trade pacts, policy reforms to strengthen external sector, says RBI Governor
India’s foreign exchange reserves remain at comfortable levels and are expected to be further aided by a series of trade agreements and policy reforms, RBI…
RBI keeps repo rate unchanged at 5.25%, boosts rupee with new measures
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) unanimously decided to keep the repo rate unchanged at 5.25%, while announcing multiple…
RBI worries higher energy costs could fuel inflation, slow growth
Recent increases in petrol and diesel prices could directly add about 36 basis points to India’s headline inflation in the coming months, the Reserve Bank…
Govt makes exemptions in foreign investments to attract dollar inflow
In a bid to attract dollar inflow, the government has scrapped long-term capital gains tax on investments made by foreign institutional investors (FIIs) in government…