India’s Index of Industrial Production (IIP) registered a steady 4.0% year-on-year growth in September 2025, according to the latest data released by the Ministry of Statistics and Programme Implementation (MOSPI). The growth was largely driven by a robust performance in the manufacturing sector, which recorded a 4.8% expansion, while mining…
Tag: #IndianEconomy
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RBI’s Eased ECB Norms Unlikely to Attract Firms
New Delhi, October 28, 2025: The Reserve Bank of India (RBI) has unveiled a sweeping overhaul of the External Commercial Borrowing (ECB) framework, allowing Indian companies to borrow more from overseas lenders with fewer restrictions. However, experts suggest that these relaxations may not immediately spark a surge in foreign borrowings…
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India Approves ₹5,532 Cr ECMS Projects to Boost Electronics
The Union government has approved the first seven projects under the Electronics Component Manufacturing Scheme (ECMS), with a cumulative investment of ₹5,532 crore. Announced by Union Minister Ashwini Vaishnaw, these projects are projected to generate production worth ₹44,406 crore and create 5,195 direct jobs a strategic step to strengthen India’s…
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Diwali 2025: Are Banks Open or Closed Today?
While Indian stock exchanges hold a special Muhurat trading session on Diwali, bank operations follow a state-wise holiday calendar announced by the Reserve Bank of India. On Tuesday, October 21, 2025 (Diwali/Deepavali & Govardhan Puja), many bank branches are closed in several cities while most branches in major metros remain…
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RBI Warns Rupee Pressure, Eyes Market Intervention
NEW DELHI: The Reserve Bank of India (RBI) has signaled that the rupee is currently under speculative attack and confirmed it will intervene further to stabilize the currency amid growing market volatility. Analysts note that global pressures and capital flow fluctuations are driving the current depreciation. Speaking on the rupee’s…
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IMF: India to Grow 6.6% in 2025 Amid Global Tariff Shock
The International Monetary Fund’s October 2025 World Economic Outlook (WEO) has raised India’s growth forecast for 2025 to 6.6%, even as higher U.S. tariffs slow global trade and compress world growth to an estimated 3.2% in 2025. The IMF credits India’s strong private consumption, resilient services sector and stable policy…
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Sridhar Vembu Urges India to Strengthen Tech Independence
New Delhi, October 13, 2025: Zoho Corporation’s founder and Chief Scientist, Sridhar Vembu, has urged India to invest heavily in critical technologies to secure its economic sovereignty and reduce dependence on foreign systems. Speaking to Moneycontrol, Vembu said decades of misguided advice from Western-trained economists left India vulnerable in an…
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India Growth to Reach 6.5% in FY26 Amid US Tariff Risks
The World Bank has raised its growth forecast for India in FY 2025–26 to 6.5 percent, citing resilient domestic demand and tax reforms, but warns that a sharp 50 percent tariff imposed by the U.S. on many Indian exports could curb growth to 6.3 percent in FY 2026–27. Stronger performance…
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NITI Aayog Releases Q4 Trade Watch Report
New Delhi, October 7, 2025: NITI Aayog has released the fourth edition of its Trade Watch Quarterly report for Q4 of FY 2024–25, offering a detailed analysis of India’s trade trends and sectoral performance. The report, unveiled by CEO Shri B.V.R. Subrahmanyam in New Delhi, highlights steady growth in total…
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RBI Holds Repo Rate at 5.5%, Cuts Inflation Forecast to 2.6%
Mumbai, October 1: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5% on Wednesday, citing easing inflation and resilient growth momentum. The decision comes at the conclusion of its three-day meeting, chaired by Governor Sanjay Malhotra. Repo Rate Held Steady, Neutral Stance…