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UPI QR Codes Surge 91.5% In FY25; Credit Card Growth Slows
India's digital payments landscape has experienced significant shifts in the financial year 2024–25, with UPI QR codes leading the growth.
India’s Foreign Exchange Reserves See Significant Increase; Marks Highest Gain In Five Months
Indian foreign exchange reserves continued their upward momentum, rising by USD 6.596 billion to reach USD 665.396 billion as of March 28.
RBI Wins Digital Transformation Award 2025 For Pravaah And Sarthi Systems
Central Banking London praised RBI’s initiatives for transforming internal and external processes. The successful adoption of Sarthi and Pravaah reflects RBI’s commitment to digital innovation.
Stock Market Ends Flat As Investors Remain Cautious, NBFC Stocks Rally
Indian stock markets remained range-bound on February 27, with cautious sentiment prevailing. The Sensex and Nifty showed limited movement.
India’s Wholesale Inflation Drops To 2.31% In January, Driven By Falling Food Prices
Wholesale Price Index (WPI)-based inflation declined to 2.3% in January from 2.37% in December, driven primarily by a decrease in food prices, especially vegetables.
Sensex, Nifty Trade Flat After RBI Cuts Repo Rate By 25 Bps
On Friday, the Indian stock market traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.
Indian Stock Market Trades flat, All Eyes On RBI MPC Meet
The domestic benchmark indices traded almost flat early on Wednesday after the stock market experienced a strong upward movement as the US trade tariff tensions eased.
India Witnesses 100-Fold Jump In Retail Digital Payments: RBI
Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24
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.
6.2% GDP Growth For December Quarter, Economic Recovery Expected: RBI Report
The growth of 6.2% in India's GDP for the December quarter of fiscal 2025 is projected as per RBI's latest report.
