The International Monetary Fund (IMF) revised its projections upward in its World Economic Outlook released on January 19, indicating that India’s economy is expected to develop faster than previously projected in both the current and future fiscal years. India’s GDP is predicted by the IMF to grow by 7.3% in FY26, an increase of 0.7…
Gold plays a crucial role in India’s financial ecosystem, with its value closely approaching the country’s GDP. Traditionally viewed as a secure investment and collateral against economic uncertainty, recent gold policy developments indicate a trend towards stability after years of fiscal intervention. The government’s policy over the past decade has focused on reconciling three key…
In the first few months of this year, the FMCG industry in India is predicted to rise by 5%. A Worldpanel survey claims that the industry is seeing a significant uptick because of favorable macroeconomic data. According to Worldpanel’s December FMCG Pulse survey, food inflation is negative, inflation is low, and India’s GDP estimates have…
Indian rupee closed at a historic low of 89.87 versus the US dollar, continuing its losing trend. The stalled India–US trade pact and continued FPI outflows from equities have added to the negative pressure on the currency. The rupee plummeted for the fifth straight day, setting a fresh low of 89.95 per dollar, down 0.45%…
Despite the staggering GDP figure, the Indian rupee fell to new lows. The solid Q2 GDP report was overshadowed by FII outflows and uncertainties around the US-India trade pact, which kept the rupee trading well below the 89.50/$ barrier. The currency fell significantly from its November low of 89.49/$. Despite the spectacular Q2 GDP numbers,…
Following a three-day meeting, the RBI Monetary Policy Committee (MPC) retained the 5.5% repo rate. It’s not the main news, though. The central bank has announced important steps to fortify the banking industry. The FY26 GDP forecasts have also been increased to 6.8%. Additionally, for FY26, the Reserve Bank of India forecasted CPI inflation at…
In support of a resurgence in private corporate investment and private spending, Reserve Bank Governor Sanjay Malhotra and the other five members of the rate-setting panel voted earlier this month for a 25 basis point drop in the repo rate. On April 9, Governor Malhotra’s Monetary Policy Committee (MPC) lowered the short-term lending rate by…
India’s government issued data on April 15 showing that wholesale inflation decreased to 2.05 percent in March from 2.4 percent in February. While the food index saw a further fall, the prices of manufacturing items, which make up about two-thirds of the index, increased by 3.1 percent from 2.9 percent the previous month. The central…
Global uncertainties continued to cause equity inflows through the foreign direct investment (FDI) channel to drop 6% year over year to $10.8 billion in the October- December quarter. According to the data, the FDI inflow trend that has been dropping over the past few years has not yet been stopped, nor have the levels of…
There is still unrelenting FII selling. On February 24, 2025, FIIs sold Rs 6,287 crore in a single session. Since November, this discharge has been the biggest in a single day. On November 28, 2024, FIIs received Rs 11,756 crore in sales. As of October 2024, the FIIs have sold over Rs 3 lakh crore…
