Economy
India’s fiscal roadmap for FY26 is drawing significant attention as global investment bank Goldman Sachs has projected that the government will remain on track to meet its fiscal deficit targets despite tax shortfalls. The report highlights that the government is likely to cut capital expenditure (capex) to balance the books, ensuring fiscal discipline while maintaining…
India’s monetary policy is once again in the spotlight as the Reserve Bank of India (RBI) prepares for its upcoming policy review. According to a report by Bank of Baroda (BoB) economists, the central bank is expected to hold the repo rate steady at 5.50% while maintaining a neutral stance. This decision, if confirmed, would…
India’s manufacturing and technology sectors have welcomed the government’s announcement of a Rs 7,280 crore Rare Earth Permanent Magnet (REPM) scheme, calling it a landmark initiative that will reduce import dependence and strengthen domestic capabilities in critical materials. Rare earth magnets are essential components in electric vehicles (EVs), wind turbines, electronics, defense systems, and renewable…
The upcoming Reserve Bank of India (RBI) monetary policy meeting is expected to be one of the most closely watched events of the year, as reports suggest the central bank may announce a 25 basis points (bps) interest rate cut on Friday. This potential move comes amid slowing inflation, global economic uncertainties, and the need…
India’s economic outlook has received a significant boost as the GDP forecast for FY26 has been revised upward to 7% from the earlier estimate of 6.5%. This revision reflects strong domestic demand, resilient manufacturing activity, robust services growth, and favorable macroeconomic conditions. The announcement has generated optimism among policymakers, investors, and businesses, positioning India as…
India’s economic landscape is witnessing a rare combination of robust GDP growth and all-time low inflation, raising expectations that the Reserve Bank of India (RBI) could slash the repo rate in its upcoming monetary policy review. With GDP growth soaring to 8.2% in Q2 FY2025-26 and headline inflation dropping to just 0.25% year-on-year in October,…
India’s economic growth story continues to gather momentum, with the Chief Economic Adviser (CEA) projecting that the country’s GDP is likely to cross the $4 trillion mark in FY26. This milestone, if achieved, will cement India’s position as one of the fastest-growing major economies in the world and highlight the success of structural reforms, robust…
In a landmark move to strengthen India’s digital financial ecosystem, the Reserve Bank of India (RBI) has officially launched Banking Connect, a cutting-edge platform designed to monitor net-banking transactions in real time. This initiative marks a significant step towards enhancing transparency, security, and efficiency in India’s rapidly expanding digital banking sector. Why Banking Connect Matters…
In a significant move aimed at enhancing transparency and improving the timeliness of economic data, the Reserve Bank of India (RBI) is planning to release Balance of Payments (BoP) data on a monthly basis, according to Deputy Governor Poonam Gupta. This initiative marks a major shift from the current quarterly reporting system and is expected…
India’s central bank, the Reserve Bank of India (RBI), has signaled optimism about the country’s economic trajectory, pointing to the possibility of an economic boom fueled by private investment. This confidence stems from a series of monetary measures that have been carefully implemented over the past few quarters, aimed at stabilizing inflation, encouraging liquidity, and…
