ECONOMY
The Reserve Bank of India (RBI) has announced a 25 basis point cut in the policy repo rate, bringing it down from 5.50% to 5.25%. The decision came after the Monetary Policy Committee (MPC) concluded its meeting today with a unanimous vote in favour of easing rates. Why the Rate Was Cut India is currently…
India’s Economy Records Strong 8.2% GDP Growth in Q2 FY 2025-26 India’s economic momentum continues to rise, with the National Statistics Office (NSO) releasing the latest GDP numbers for the July–September quarter (Q2) of FY 2025-26. The data paints a robust picture of the country’s growth trajectory, showcasing strong performance across major sectors. GDP…
In a major step toward strengthening India’s manufacturing ecosystem, the Union Cabinet has approved a ₹7,280-crore Production-Linked Incentive (PLI) scheme to boost the domestic production of rare-earth permanent magnets. These magnets may sound technical, but they are the backbone of modern technology — from electric vehicles to wind turbines, smartphones, defense equipment, and even satellites….
India’s latest inflation report brought a pleasant surprise for consumers and policymakers alike.Market analysts had expected Consumer Price Index (CPI) inflation to hover around 1.70%, but the official figure came in lower — at 1.54%. This marks the lowest inflation level since 2017, confirming that price pressures across the economy have eased significantly. The decline…
For centuries, gold has symbolized wealth, power, and protection. From royal treasuries to modern investment portfolios, it’s been the ultimate “safe haven” during times of uncertainty.But in today’s fast-changing world — with rising interest rates, digital currencies, and volatile markets — is gold still the golden choice? Let’s break it down — the good, the…
According to the IMF’s World Economic Outlook projections, India’s future growth remains robust, positioning it as a key driver of global economic growth, particularly in Emerging and Developing Asia. The projections show: 2023: India’s economy is expected to grow by 8.2%, which is the highest among major economies globally. 2024: The growth rate is projected…