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New Delhi, Oct 2 (SocialNews.XYZ) Inflation in India during the current financial year and the next (FY26 and FY27) is expected to be much lower than the Reserve Bank of India's (RBI) projections, according to a report by the State Bank of India (SBI). The report argued that the central bank's approach should not be seen only as "monetary policy" but also as a broader "regulatory policy" that reflects India's unique economic conditions. SBI highlighted that several domestic factors are easing ...Read More >

NEW DELHI: Inflation is less of a worry this fiscal, with GST rate cuts and low crude prices likely to keep prices in check, according to a Crisil report, which predicts that the initiation of the US Federal Reserve's (Fed's) rate cuts has also added space for the RBI to cut rates. The Fed cut policy rates by 25 bps rate in September. S&P Global expects two more rate cuts of 25 bps each in the remainder of calendar year 2025 and "we expect one more rate cut by the RBI in the current fiscal, ...Read More >

New Delhi, October 1: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2025, representing an increase of 3 per cent over the existing rate of 55 per cent of the basic pay/pension, to compensate them against the price rise. The combined impact on the exchequer on account of an increase in both the DA an ...Read More >

New Delhi, Oct 1 (SocialNews.XYZ) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2025, representing an increase of 3 per cent over the existing rate of 55 per cent of the basic pay/pension, to compensate them against the price rise. The combined impact on the exchequer on account of an increase in bo ...Read More >

NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2025, representing an increase of 3 per cent over the existing rate of 55 per cent of the basic pay/pension, to compensate them against the price rise. The combined impact on the exchequer on account of an increase in both the DA and the DR wo ...Read More >

New Delhi: The Union Cabinet has approved a 3 percent increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, effective from October 1, 2025. The decision aims to protect employees and pensioners from rising inflation and maintain their purchasing power. The hike will be added to the existing DA rate of 55 percent of basic pay or pension. Approximately 49.19 lakh central government employees and 68.72 lakh pensioners are set to benefit from ...Read More >

New Delhi [India], October 1 (ANI): The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed reforms aimed at strengthening the National Pension System (NPS). Dated September 30, 2025, the paper outlines three innovative pension scheme options under the NPS framework d ...Read More >

New Delhi, October 1: The Union Cabinet is expected to approve a 3% hike in Dearness Allowance (DA) and Dearness Relief (DR) for Central government employees and pensioners at its meeting today. This move will raise the DA and DR rates from 55% to 58% of basic pay and pension. According to reports, the increase will take retrospective effect from July 1, 2025, with arrears for July, August, and September likely to be released alongside the October salary -- timed perfectly ahead of Diwali. The ...Read More >
The Asian Development Bank (ADB) on Tuesday lowered its growth forecast for the current financial year by 20 basis points (bps) to 6.5 per cent, citing steep tariff hikes by the US that are expected to come into effect in the second half of FY26, thus affecting exports and manufacturing growth. "India faces the steepest tariff hikes among developing Asian economies, prompting a downgrade in its growth outlook. For FY2025 [ending on 31 March of the next year], growth is now projected at 6.5 per ...Read More >

New Delhi, Sep 30 (SocialNews.XYZ) The Asian Development Bank (ADB) on Tuesday projected India's growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment shaped by tariffs and updated trade agreements. India's GDP grew 7.6 per cent in H1 2025, as higher investment from strong public capital spending, offse ...Read More >

Sehore (Madhya Pradesh) [India], September 29 (ANI): Union Minister Shivraj Singh Chouhan on Monday interacted with local shopkeepers in a public outreach initiative aimed at promoting Swadeshi products and raising awareness about the revised GST (Goods and Services Tax) rates. The campaign aims to promote the use of locally produced goods while keeping traders and consumers informed about the latest tax updates. Also Read | 'Her Mann Ki Baat': PM Narendra Modi Writes Foreword for Italian Coun ...Read More >

NEW DELHI: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming mor ...Read More >

Mumbai, Sep 29 (PTI) The Reserve Bank's Monetary Policy Committee began its three-day deliberations amid expectations of status quo on the key interest rate, but some experts think that the central bank may settle for a 25 bps cut. The decision of the RBI Governor Sanjay Malhotra-headed six-member rate-setting panel will be announced on Wednesday. The meeting is taking place against the backdrop of ongoing geopolitical tensions and the US imposing 50 per cent tariffs on Indian shipments. The R ...Read More >

New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >

New Delhi: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming mor ...Read More >

New Delhi, Sep 29 (SocialNews.XYZ) India's navratri economy is gaining momentum with strong festive tailwinds as e-commerce sales are projected at Rs 1.2 lakh crore -- with UPI volumes crossing 20 billion transactions in August, and MSME festive credit demand is set to rise 35-40 per cent to Rs 3.45 lakh crore, a report said on Monday. According to Smallcase's report, nine sectors, including auto components, FMCG, defence, clean energy and others, are set to benefit from a combination of festiv ...Read More >

New Delhi: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday. The central bank had last cut the repo rate by 50 basis points in June, while the August review saw the rate being held steady, according to a report by Bajaj Broking. The report said the RBI is likely to maintain the current rate as inflation remains low and manageable, but risks to growth are becoming more ...Read More >

Mumbai, Sep 29 (SocialNews.XYZ) The three-day Reserve Bank of India's Monetary Policy Committee (MPC) meeting, starting Monday, is widely expected to hold its key policy rate at 5.50 per cent. However, a surprise cut cannot be ruled out amid US trade tariffs and low inflation, according to analysts. The RBI has cut rates by 100 basis points since the start of the year. The MPC meeting is scheduled from September 29 to October 1, where the central bank is expected to review interest rates. Cur ...Read More >

Mumbai Gold Rate Today: The 24 karat gold rate above the historic Rs 1 lakh mark has become the new normal. Now, investors are struggling to digest how the unprecedented gold price rally has fuelled even 22 karat gold rate above the historic mark. Mumbai gold rate today, Tuesday, September 16, witnessed a sharp rally, smashing all expectations of some relief amid the festive season. The gold price rally in Mumbai today was in sync with the surge in prices of the precious metal in India and acro ...Read More >

New Delhi [India], September 16 (ANI): The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley. The global brokerage firm noted that the central bank now has room for monetary easing as inflation continues to undershoot the target. Also Read | Vishwakarma Jayanti 2025: Why Vishwakarma Puja Is C ...Read More >
New Delhi [India], September 16 (ANI): The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley. The global brokerage firm noted that the central bank now has room for monetary easing as inflation continues to undershoot the target. The report projects headline consumer price index (CPI) inflati ...Read More >

New Delhi [India], September 16 (ANI): The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley. The global brokerage firm noted that the central bank now has room for monetary easing as inflation continues to undershoot the target. The report projects headline consumer price index (CPI) inflati ...Read More >

New Delhi, Sep 16 (SocialNews.XYZ) Gold prices reached record high on Tuesday, surpassing the Rs 1,10,000 mark due to increased safe-haven demand amid global geopolitical tensions and anticipation of a US Federal Reserve rate cut this week. In India, the price of 24-carat gold per gram was at Rs 10,951 as of 10.17 am, according to data published by the India Bullion and Jewellers Association (IBJA). Earlier in the day, prices had reached as high as Rs 1,10,650 per 10 gm, an increase from Rs 1, ...Read More >
(RTTNews) - India's wholesale prices increased in August after falling in the previous two months, provisional data from the Ministry of Commerce and Industry revealed on Monday. The wholesale price index, or WPI, rose 0.52 percent year-over-year in July, reversing a 0.58 percent fall in June. The expected rise was 0.30 percent. Food prices logged a renewed increase of 0.21 percent annually in July, while the price decline in primary articles eased to 2.10 percent annually from 4.95 percent in ...Read More >
(RTTNews) - India's wholesale prices increased in August after falling in the previous two months, provisional data from the Ministry of Commerce and Industry revealed on Monday. The wholesale price index, or WPI, rose 0.52 percent year-over-year in July, reversing a 0.58 percent fall in June. The expected rise was 0.30 percent. Food prices logged a renewed increase of 0.21 percent annually in July, while the price decline in primary articles eased to 2.10 percent annually from 4.95 percent in ...Read More >
Mumbai, Sep 15The Reserve Bank of India (RBI) expected to ease rates by 25 bps in Q4 CY25, owing to anticipated growth weakness from declining export orders and slower government spending, a report has said. Strong cereal production, well stocked granaries, lower oil prices and cheaper exports from China are likely to keep inflation lower for longer, HSBC Global Research said in the report. The broking firm said that average inflation for the current quarter at 1.8 per cent, lower than the RBI ...Read More >
AI image India's wholesale price inflation (WPI) moved back into the positive zone in August, rising to 0.52 per cent after staying in deflation for two straight months, according to government data released on Monday. WPI had recorded (-) 0.58 per cent in July and (-) 0.19 per cent in June, while it stood at 1.25 per cent in August last year, PTI reported."Positive rate of inflation in August 2025 is primarily due to an increase in prices of food products, manufacturing, non-food articles, non- ...Read More >

New Delhi: India's wholesale inflation rose to a four-month high in August, snapping a two-month spell of contraction, as food prices pushed the index back into positive territory, provisional data from the commerce and industry ministry showed Monday. The wholesale price index (WPI) based inflation climbed 0.52% in August, compared with (-)0.19% in June and (-)0.58% in July. A year earlier, WPI inflation stood at 1.25%. The reading outpaced economists' expectations of 0.30% in a Reuters poll. ...Read More >

New Delhi, Sep 15 (SocialNews.XYZ) India's inflation rate, based on the Consumer Price Index (CPI), is expected to remain low due to GST rate cuts and the decline in food prices which will give the Central Bank headroom to reduce the policy rates by another 0.5 per cent (50 bps) this year, according to a Morgan Stanley report released on Monday. "The benign trend in headline CPI is likely to be perpetuated further by disinflationary impulses from low food prices, GST rate cuts and lack of input ...Read More >

New Delhi, Sep 15: India's inflation rate, based on the Consumer Price Index (CPI), is expected to remain low due to GST rate cuts and the decline in food prices which will give the Central Bank headroom to reduce the policy rates by another 0.5 per cent (50 bps) this year, according to a Morgan Stanley report released on Monday. "The benign trend in headline CPI is likely to be perpetuated further by disinflationary impulses from low food prices, GST rate cuts and lack of input price pressures ...Read More >
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