Strategic Monetary Intervention Former Reserve Bank of India (RBI) Deputy Governor Michael Patra has publicly advocated for the central bank to utilize the US Federal Reserve’s FIMA Repo Facility to mitigate extreme volatility in the Indian rupee. Speaking at a policy forum in Mumbai this week, Patra argued that accessing this liquidity window could provide…
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) voted unanimously to maintain the benchmark repo rate at 6.5% on Thursday, marking a period of extended policy stability in Mumbai. While the central bank reiterated its commitment to aligning inflation with its 4% target, it simultaneously downgraded its economic growth projections, forecasting a deceleration…
The Reserve Bank of India (RBI) announced on Thursday that 98.47% of the ₹2000 banknotes that were in circulation as of May 19, 2023, have been successfully returned to the banking system. This massive liquidity mop-up operation, initiated over a year ago, has reduced the total value of these high-denomination notes from ₹3.56 lakh crore…
April Sales Surge Across Major Manufacturers Major automobile manufacturers in India reported double-digit growth in domestic sales for April, with industry giants Maruti Suzuki and Tata Motors leading the charge by posting increases exceeding 30% compared to the same period last year. This robust performance signals a resilient recovery in consumer demand across both urban…
Tata Motors Passenger Vehicles Ltd reported a significant 31 percent increase in total sales for April, reaching 59,701 units compared to 45,562 units during the same period last year. The company’s domestic passenger vehicle sales reached 59,000 units, marking a 30.5 percent climb from the 45,199 units recorded in April of the previous year, according…
UCO Bank, a prominent public sector lender in India, has reported a stable performance in its Micro, Small, and Medium Enterprises (MSME) portfolio, maintaining steady growth despite prevailing global economic headwinds. As of the latest fiscal reporting, the bank’s MSME loan book stands at approximately ₹46,000 crore, signaling a robust appetite for credit among smaller…
The Conclusion of a Currency Withdrawal The Reserve Bank of India (RBI) announced on Friday that 98.47 per cent of the ₹2000 banknotes previously in circulation have been successfully returned to the banking system. This milestone marks the near-completion of the withdrawal process initiated by the central bank in May 2023, effectively removing the high-denomination…
India’s services sector has achieved a significant milestone, with exports now contributing nearly 10% of the country’s Gross Domestic Product (GDP). This achievement underscores the growing importance of services in India’s economic landscape and highlights the opportunities that new trade agreements can unlock for the nation. Services Sector: The Backbone of India’s Growth The services…
Veteran investor Madhusudan Kela has delivered a pragmatic outlook for Indian equity markets, cautioning investors to temper their expectations while also pointing toward opportunities in lesser-known sectors. According to him, the Indian stock market is likely to generate annualized returns in the range of 10–12% over the coming years, a reality check for those anticipating…
India’s Union Minister of Commerce and Industry, Piyush Goyal, has highlighted that the recently advanced India-US trade deal will significantly expand cotton demand, creating new opportunities for Indian farmers and strengthening bilateral economic ties. The agreement is expected to reshape agricultural exports, enhance textile industry growth, and provide a competitive edge to India’s cotton sector…
Foreign Portfolio Investors (FPIs) have turned net sellers in Indian equities, withdrawing close to Rs 18,000 crore in just the first two weeks of December 2025. This sharp reversal in foreign flows has rattled investor sentiment, raising concerns about the near-term outlook for the domestic stock market. The short headline, “FPIs pull out nearly Rs…
India’s exporters are bracing for a significant setback as Mexico has announced a sweeping tariff hike that will impact nearly three-fourths of India’s outbound shipments to the Latin American nation. Beginning January 2026, duties on a wide range of products will rise as high as 50%, creating fresh challenges for Indian businesses across sectors such…
