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This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Amidst pressure on the rupee and India’s foreign exchange reserves, the latest data from the Reserve Bank of India (RBI) shows that the total amount of money that left the country in March 2026 exceeded inflows by $11.7 billion. This was the…
India’s April retail inflation, at a 13-month high of 3.48%, is only marginally higher than its March print of 3.4%, and continues to remain deceptively benign. Wholesale inflation has more than doubled to 8.3% in April from 3.88% in March — a 42-month high — signalling that substantial upstream price pressures are still working their…
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A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. Image used for representation purpose only. | Photo Credit: Reuters The Indian economy is giving mixed signals in the wake of the West Asia crisis, with some demand indicators remaining strong, while others weaken, and supply indicators starting to show signs…
Image used for illustration purpose only | Photo Credit: Getty Images/iStockphoto Reserve Bank on Friday (December 5, 2025) raised the GDP growth projection to 7.3% for the current fiscal from its earlier estimate of 6.8% following robust economic performance in the July-September quarter. The Gross Domestic Product (GDP) registered a six-quarter high growth of 8.2%…
The present Flexible Inflation Targeting (FIT) framework in India as a mandate for monetary policy to manage inflation at 4% (+/-) 2% is ending in March 2026 and is under review. In this regard the Reserve Bank of India (RBI) has brought out a well-researched discussion paper, and has several questions for which views have…
Reserve Bank of India Governor Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photo Credit: RBI Reserve Bank Governor Sanjay Malhotra on Wednesday (October 1, 2025) said there is no proposal to levy any charge on UPI transactions. RBI MPC meeting LIVE The Governor also said the central bank…
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Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending…
Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…
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Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 25 paise to an all-time intraday low of 88.53 against the U.S. dollar in early trade on Tuesday (September 23, 2025), as headwinds like enhanced U.S. tariffs on Indian goods, as well as the U.S. H-1B Visa fee hike, dented investor sentiments….
Read More “Rupee slumps 25 paise to all-time low of 88.53 against U.S. dollar” »
The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in mining activity, by –8.7% (10.3% in June 2024), and electricity output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon, with…
Read More “Interrupted growth: On economic activity, climate-related events ” »