Category: Economy
RBI MPC 2025: Rupee firms as forex reserves rise to $686 billion
India’s foreign exchange reserves climbed to $686 billion as of November 28, providing 11 months of import cover, RBI Governor Sanjay Malhotra said on Friday…
RBI Inflation FY2025-26: MPC slashes inflation aim by 60 bps to 2% as food prices ease
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday said inflationary pressures have continued to ease, aided by recent GST rate cuts, a…
RBI GDP Growth 2025: Central bank raises FY26 growth forecast to 7.3%
The Reserve Bank of India’s rate-setting Monetary Policy Committee (MPC) on Friday revised India’s GDP forecast for FY2025-26 upwards to 7.3%, compared with the earlier…
RBI MPC cuts repo rate by 25 bps to 5.25%, maintains neutral stance; revises GDP, inflation forecast for FY26
The RBI-led Monetary Policy Committee (MPC) on Friday concluded its three-day meeting and unanimously decided to cut the policy repo rate by 25 basis points…
RBI MPC Meeting: Key takeaways from RBI’s latest policy
The Reserve Bank of India on Friday reduced the repo rate by 25 basis points to 5.25%, ending its two-meeting pause and extending the monetary…
RBI MPC meet highlights: From India’s ‘goldilocks moment’ to rate cut, here’s what RBI governor Sanjay Malhotra said today
RBI Governor Sanjay Malhotra on Friday described the current macro-economic environment as a “rare Goldilocks moment for India”, with inflation at a benign 2.2% and…
India, Oman hold 14th Strategic Consultative Group meeting
The 14th round of India-Oman Strategic Consultative Group (IOSCG) meeting was held in Muscat, Oman, the Ministry of External Affairs said on Thursday. The meeting…
Formulations driving drug export growth: Pharmexcil chairman Namit Joshi
India’s pharmaceutical exports are poised to scale a new high of $32 billion despite sluggish growth in the US market and intense global scrutiny over…
Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…
Sberbank plans to go big in India, move rupee surplus into G-Secs
NEW DELHI: Russia’s Sberbank plans to step up its India presence, eyeing retail expansion in 10 cities and a new data centre to support its…