The rupee breached ₹89 to the dollar in late November 2025, closing at about ₹89.46, and crucially has weakened against several other major currencies. Nominal and Real Effective Exchange Rate indicators show the decline is broad-based, indicating a “real” depreciation rather than a dollar-only move. India’s currency slid to record…
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India IIP Growth Slows to 0.4% in October 2025
India’s Industrial Growth Moderates in October The Quick Estimate of India’s Index of Industrial Production (IIP) for October 2025 reveals a modest growth of 0.4%, down from 4.0% in September. This slowdown is largely attributed to fewer working days during key festivals including Dussehra, Diwali, and Chhath. Sector-Wise Performance The…
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India’s Apr-Oct Revenue ₹18L Cr, Expenditure ₹26L Cr
The Government of India has consolidated its monthly accounts up to October 2025, reporting total receipts of ₹18,00,475 crore, which represents 51.5% of the budget estimate (BE) 2025-26. These receipts include ₹12,74,301 crore in Tax Revenue (Net to Centre), ₹4,89,079 crore in Non-Tax Revenue, and ₹37,095 crore in Non-Debt Capital…