Economy News ( English version)

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  • 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.
  • IMF critique: RBI guv says Indian data fairly accurate, DG downplays 'crawl' comment December 5, 2025
    India's central bank has responded to International Monetary Fund concerns about data and currency management. Reserve Bank of India officials stated that GDP and inflation estimates are accurate, with scope for improvement. They explained that data classifications are generally good, with national accounts receiving a lower grade due to an outdated bas […]
  • Engagement ongoing with US on mutually beneficial bilateral trade agreement: Govt to Parliament December 5, 2025
    India and the United States are actively discussing a trade agreement. Recent US tariff changes affect Indian exports. Visa policies are also a key discussion point. India emphasizes the importance of skilled talent mobility for both nations. The government is consulting with exporters to assess the impact of US measures. Engagement continues on matters of n […]
  • Govt promises time-bound fixes after ORR firms flag mobility, Infra gaps December 5, 2025
    Industry leaders met with IT-BT minister Priyank Kharge regarding Outer Ring Road infrastructure issues. Concerns included metro connectivity, service roads, traffic, and telecom disruptions. Kharge assured prompt action and pledged Rs 450 crore for road upgrades. The government will also replicate this engagement model for other business corridors. Improved […]
  • NDA govt doubled MSP, quadrupled crop procurement: Shivraj Singh Chouhan in Rajya Sabha December 5, 2025
    Union Minister Shivraj Singh Chouhan informed Rajya Sabha that the NDA government has doubled crop MSP over production costs. Procurement has also increased four-fold compared to the UPA era. The government has accepted Swaminathan Commission recommendations. Farmers' welfare remains a top priority. Payments for crop procurement will be released if dues […]

 

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