Economy - general

RBI cuts repo rate by 25 bps to 6.25% as economy slows

RBI cuts repo rate by 25 bps to 6.25% as economy slows

07 Feb 2025

Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.

Budget 2025-26 GST set for review, customs duty structure simplified

Budget 2025-26 GST set for review, customs duty structure simplified

03 Feb 2025

Finance minister Nirmala Sitaraman has offered to further simplify and rationalise the Goods and Services Tax (GST) structure and expand it to the remaining sectors so as to multiply its benefits.

India’s economy seen re-entering the fast lane

India’s economy seen re-entering the fast lane

31 Jan 2025

India's economic growth, in terms of real gross domestic product (ie GDP at constant prices), is estimated at 6.4 per cent in FY25 (as per first advance estimates of national income), which is equal to an average

India planning deep-water manned missions of up to 6,000 metres: Jitendra Singh

India planning deep-water manned missions of up to 6,000 metres: Jitendra Singh

23 Jan 2025

India has developed a submersible vehicle that can carry out manned underwater missions up to 500 metres down the oceans and is set to carry out the first such mission

Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch

Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch

13 Jan 2025

India’s steady economic growth, an improved banking sector, and anticipated interest rate cuts in 2025 are set to enhance credit access for corporates in the financial year 2025-26

India's industrial production growth hit a 5-month high of 5.2% in November

India's industrial production growth hit a 5-month high of 5.2% in November

10 Jan 2025

India's industrial production, based on the Index of Industrial Production (IIP), rose to a six-month high of 5.2 per cent in November 2024, against 3.5 per cent in October

India’s FY25 GDP growth projected at 6.4%

India’s FY25 GDP growth projected at 6.4%

08 Jan 2025

India’s Gross Domestic Product (GDP) in real terms, or at constant prices, is estimated to grow 6.4 per cent to reach Rs184.88 lakh crore in the financial year 2024-25

GST revenues up 7.3% year-on-year at Rs1.77 lakh crore in December

GST revenues up 7.3% year-on-year at Rs1.77 lakh crore in December

02 Jan 2025

Revenue collected by way of Goods and Services Tax (GST) in India increased 7.3 per cent year-on-year to Rs1.77 lakh crore in December 2024

Core sector industrial production in India up 4.3% in November

Core sector industrial production in India up 4.3% in November

01 Jan 2025

Core sector industrial production in India, based on the combined index of eight core industries, increased by 4.3 per cent in November 2024 compared to November 2023

India’s wholesale price inflation slows to 1.89% in November

India’s wholesale price inflation slows to 1.89% in November

17 Dec 2024

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to 1.89 per cent in November 2024 from 2.36 per cent in October

RBI keeps repo rate steady, cuts cash reserve ratio to 4%

RBI keeps repo rate steady, cuts cash reserve ratio to 4%

06 Dec 2024

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (6 December 2024) decided to keep the policy repo rate

Inflation may force RBI to hold interest rate, focus on liquidity Economists

Inflation may force RBI to hold interest rate, focus on liquidity Economists

By Venkatachari Jagannathan | 05 Dec 2024

The Reserve Bank of India’s (RBI) six member Monetary Policy Committee (MPC) is expected to hold the repo rate (the rate at which it lends to banks) at 6.5%, said top economists.

India’s core sector production up 3.1% in October

India’s core sector production up 3.1% in October

30 Nov 2024

Core sector industrial production in India grew 3.1 per cent in October 2024 against the 2 per cent growth in September helped by higher production of coal

India's economic growth slows to 5.4 per cent in Q2 FY25

India's economic growth slows to 5.4 per cent in Q2 FY25

30 Nov 2024

India's real economy grew at slower than expected pace of 5.4 per cent in the second quarter of the current financial year, the slowest in the previous seven quarters

India's consumer price inflation at a 14-month high of 6.2% in October

India's consumer price inflation at a 14-month high of 6.2% in October

13 Nov 2024

India’s consumer price inflation rose to a 14-month high of 6.2 per cent in October on the back of a surge in food prices, provisional figures released by the National Statistics Office (NSO) showed.

Govt has no unbridled power to take over private resources: Supreme Court

Govt has no unbridled power to take over private resources: Supreme Court

05 Nov 2024

The Supreme Court has overturned a 1978 verdict and ruled that the power of the central government under Article 39(b) to take over ownership and control of private property for public purposes is limited.

India’s core sector production up 2% in September

India’s core sector production up 2% in September

30 Oct 2024

India’s core sector industrial production increased by 2 per cent in September 2024, a bit higher compared to the 1.8 per cent growth in September 2023.

Consumer price inflation in India at a 9-month high of 5.49% in September

Consumer price inflation in India at a 9-month high of 5.49% in September

16 Oct 2024

Consumer price inflation based on the All India Consumer Price Index (Base 2012=100) hit a nine-month high of 5.49 per cent in September 2024.

India’s wholesale price inflation up at 1.84% in September

India’s wholesale price inflation up at 1.84% in September

15 Oct 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 1.84 per cent in September 2024, up from 1.31 per cent in August.

India’s industrial production declines 0.01% in August

India’s industrial production declines 0.01% in August

12 Oct 2024

Industrial production in India, based on the Index of Industrial Production (IIP), registered a negative growth of (-) 0.1 per cent in August 2024

India’s forex reserves surge $12.58 bn to $704.89 bn in a week

India’s forex reserves surge $12.58 bn to $704.89 bn in a week

05 Oct 2024

India’s forex reserves surge $12.58 bn to $704.89 bn in week ended 27 September

India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data

India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data

05 Oct 2024

India’s external debt increased by $13.3 billion and stood at $682.3 billion as of end-June 2024 against $589 billion at end-March

India’s core sector industrial production declines in August

India’s core sector industrial production declines in August

30 Sep 2024

Core sector industrial production in India decreased by 1.8 per cent year-on-year in August as production in a majority of the eight core industries, except for steel and fertilizers, showed a declining trend.

India’s consumer price inflation hovers around 5-year lows at 3.65%

India’s consumer price inflation hovers around 5-year lows at 3.65%

13 Sep 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), stood at 3.65 per cent in August 2024, up slightly from the 5-year low of 3.60 per cent hit in the previous month

India to host global alliance of cooperatives

India to host global alliance of cooperatives

10 Sep 2024

India will be hosting the General Assembly and the Global Cooperative Conference of the International Cooperative Alliance (ICA) from 25 to 30 November.

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