Category: Politics

“Liquidity has been infused well. Out of the 100 basis point rate cuts, around 60–65 bps have been transmitted. There’s still monetary space available, especially with low inflation and deflationary trends in wholesale prices. So, it’s a good time to cut now since the transmission into the real economy takes 9–12 months,” says Ajay Bagga, Market […]

The Reserve Bank of India’s (RBI) internal working group has recommended that the central bank continue using the Weighted Average Call Rate (WACR), the overnight interest rate at which banks lend and borrow unsecured funds, as the operative target of monetary policy, Governor Sanjay Malhotra said while announcing the monetary policy measures. The recommendation comes after […]

CPI inflation hits 77-month low, RBI projects 3.1% for FY26, (Image Source: RBI YT) India’s headline retail inflation dropped for the eighth consecutive month in June to a 77-month low of 2.1%, according to the Reserve Bank of India’s (RBI) latest monetary policy statement. The sharp decline was primarily attributed to easing food inflation, improved agricultural […]

The Reserve Bank of India (RBI) on Wednesday kept the policy repo rate unchanged at 5.5 per cent, and maintained a neutral stance as it waits for the effects of its earlier 100 basis points (bps) rate cut to fully percolate through the economy. The Monetary Policy Committee (MPC), which deliberated between August 4 and 6, […]

RBI retains FY26 GDP growth forecast at 6.5%, sees support from rural demand and govt capex The Reserve Bank of India (RBI) has retained its real GDP growth projection for 2025-26 at 6.5%, citing resilient domestic demand conditions and continued policy support, even as the global environment remains uncertain. “Taking all these factors into account, projection […]

There is no proposal to stop supply of Rs 500 denomination banknotes and ATMs will continue disbursing Rs 500 alongside Rs 100 or Rs 200, Minister of State for Finance Pankaj Chaudhary informed Parliament on Tuesday. The Reserve Bank of India (RBI) has informed that as part of their endeavour to enhance public access to frequently […]

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used — by Chinese companies or others — to circumvent them. Goods deemed to be “transshipped,” or sent through a third country with lower export levies, will face an additional 40-percent duty under an […]

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that India’s forex reserves are at 11-month high of merchandise exports. India’s forex reserves increased by $2.7 billion to $698.19 billion for the week ending July 25, data by the Reserve Bank of India showed on August 1. Previously, India’s forex reserves had dipped by […]

The Reserve Bank of India (RBI) on Wednesday decided to keep the key repo rate unchanged at 5.50 percent, marking the first pause in the ongoing rate cycle after delivering 100 basis points of cuts earlier this year. The Monetary Policy Committee (MPC), led by RBI Governor Sanjay Malhotra, voted unanimously to maintain the status quo […]

The Centre has shortlisted 18 proposals for research and development (R&D) of electric vehicle (EV) subsystems to boost domestic manufacturing of these largely imported components, looking to reduce dependence on imports. The projects will be executed in partnerships with academia, industry and the government. A final call on the proposals will be taken after vetting by […]