Economy News ( English version)

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  • Budget 2026: States may get bigger capex push as Centre plans higher interest-free loans December 6, 2025
    The allocation under the Special Assistance to States for Capital Investment (SASCI) scheme may be raised to Rs 1.8-2 lakh crore for 2026-27 from Rs 1.5 lakh crore budgeted for the current fiscal.
  • RBI cuts policy rate by 25 bps December 6, 2025
    The Reserve Bank of India cut its policy interest rate by a quarter-point, citing a 'Goldilocks' economy with low inflation and strong growth. The central bank also injected liquidity to ensure rate cuts reach consumers and addressed currency market movements. Inflation forecasts were lowered, and growth targets were raised.
  • Russia eyes bigger fertiliser play, calls for duty cut December 5, 2025
    Russia has ramped up its fertilizer exports to India, now commanding a staggering 26% of the subcontinent’s fertilizer imports. This surge contributes significantly to an economic alliance, with Russian fertilizers increasingly finding their place in BRICS nations. S
  • RBI Governor expects deposit rates to ease but that may not be easy December 5, 2025
    RBI Governor Sanjay Malhotra anticipates deposit rates will moderate, mirroring the central bank's 125 basis point policy rate reduction. He noted that real interest rates remain high despite nominal rate decreases, benefiting both borrowers and savers. Data shows a 105 basis point decline in weighted average domestic term deposit rates, though bankers […]
  • RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra December 5, 2025
    Reserve Bank Governor Sanjay Malhotra stated the central bank does not target specific bands for the rupee, allowing market forces to determine its value. While acknowledging market fluctuations, the RBI aims to curb excessive volatility. A recent USD 5 billion swap is a liquidity measure, not a direct intervention to support the rupee.

 

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