Cabinet Approves 2% DA Hike For Central Government Employees And Pensioners
Union Cabinet approved a two percent increase in the Dearness Allowance (DA) for Central Government employees.
India’s Retail Inflation Eases To 7-Month Low Of 3.6% In February
India's retail inflation based on the Consumer Price Index (CPI) eased to a 7-month low of 3.61% in February.
India’s CPI Inflation Drops To 5-Month Low Of 4.31% In January
India's retail inflation, based on the Consumer Price Index (CPI), eased to 4.31% in January, marking a five-month low.
RBI Cuts Repo Rate To Support Economic Growth And Ease Interest Rates
The RBI reduced the repo rate, the interest rate at which the central bank lends money to commercial banks, for the first time since May 2020.
RBI May Begin Rate Easing Cycle With 25 Bps Cut, Add Durable Liquidity: Morgan Stanley
The Monetary Policy Committee (MPC) is scheduled to meet on February 7. Analysts expect the MPC to maintain a neutral stance, with consensus indicating a possible rate cut starting in February.
India’s GDP Growth Expected To Rise To 6.7% in FY26: Crisil Report
Declining food inflation and stable non-food inflation are expected to create conditions for a rate cut by the Reserve Bank of India (RBI) in the coming months.
India’s Household Spending On Non-Food Items Rises; Narrowing Urban-Rural Gap
India's household spending on non-food items such as transport, garments, and entertainment has seen a significant increase.
FPIs Return To Indian Equities With Rs 22,766 Crore Inflows In December
September had seen a nine-month high with Rs 57,724 crore of net inflows, highlighting the volatility in FPI trends. As of December 13, FPI investments in 2024 stand at Rs 7,747 crore, according to depository data.
India’s CPI Inflation Jumps To 5.49% In September Due To Weather And High Base Effect
The Consumer Food Price Index (CFPI) showed inflation at 9.24% for September. Urban housing inflation increased to 2.78%, up from 2.66% in August
Indian Stock Markets Hit All-Time Highs Following US Federal Reserve Rate Cut
Asian markets also reflected positive momentum, with Tokyo, Shanghai, Hong Kong, and Jakarta all trading in the green.