October 14, 2025 2:14 PM

India’s WPI Inflation remains subdued at 0.13% in September

India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September, down from 0.52 per cent in August, according to data released by the Ministry of Commerce and Industry on Tuesday. The decline was driven largely by falling food and fuel prices. Food prices dropped by 1.38 per cent, supported by higher crop yields and adequate buffer stocks of wheat and rice. Fuel inflation remained in the negative zone at 2.58 per cent, with petrol, diesel, and nat...

October 14, 2025 9:49 AM

SBI projects FY26 CPI inflation at 2.2%, below RBI’s forecast

India’s Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, lower than the Reserve Bank of India’s (RBI) projection of 2.6 per cent, according to a report by the State Bank of India (SBI). The report attributed the sharp moderation in inflation mainly to a decline in food and beverage prices. “We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than the RBI’s forecast of 2.6 per cent,” it said. According to SBI, India’s CP...

October 1, 2025 2:14 PM

RBI projects 6.8% GDP growth for 2025-26, inflation expected at 2.6%

The Reserve Bank of India (RBI) on Wednesday said that economic activity has remained resilient, with real GDP growth surprising on the upside at 7.8 per cent and gross value added (GVA) at 7.6 per cent in Q1 of 2025-26. High-frequency indicators suggest that domestic economic momentum is expected to continue in Q2. RBI Governor Sanjay Malhotra said that an above-normal monsoon, good progress of kharif sowing, and adequate reservoir levels are likely to support agriculture and rural demand. Buo...

October 1, 2025 1:45 PM

RBI unveils new measures to promote international use of the Rupee

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to facilitate wider use of the Indian Rupee (INR) and other local currencies in international trade transactions. RBI Governor Sanjay Malhotra said the government has been steadily working to internationalise the rupee, making it widely accepted for global trade, finance, and investment. “We have been making steady progress in this regard,” he added. As part of the initiative, Authorized Dealer banks in India and t...

October 1, 2025 1:54 PM

RBI keeps repo rate unchanged at 5.5%, maintains neutral stance

The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged at 5.5 per cent, with the monetary policy committee (MPC) maintaining a “neutral” policy stance. A neutral stance implies that the central bank neither seeks to stimulate the economy nor tighten liquidity, balancing efforts to control inflation without impeding growth. RBI Governor Sanjay Malhotra said the inflation outlook has become more benign due to a sharp decline in food prices and recent GST rate cu...

September 29, 2025 10:00 AM

RBI MPC meeting to begin today, policy rate announcement on Wednesday

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its three-day meeting on Monday in Mumbai to review economic conditions and decide on key policy rates. The committee will deliberate on the repo rate and other policy measures before announcing its decision on Wednesday, October 1. RBI Governor Sanjay Malhotra is scheduled to unveil the outcome of the meeting at 10 AM on Wednesday. The announcement is closely watched by markets, businesses, and policymakers, as it impact...

September 22, 2025 9:58 AM

RBI may consider rate cut in September as inflation hits historic low, says SBI

With inflation poised to fall to its lowest level since 2004 and GST rationalisation underway, a rate cut in September is considered the best option for the Reserve Bank of India (RBI), according to a report by the State Bank of India (SBI). The report also suggests that such a move would reinforce RBI’s image as a forward-looking central bank. The RBI Monetary Policy Committee (MPC) meeting is scheduled from September 29 to October. During its August meeting, the central bank had maintained ...

September 21, 2025 3:16 PM

India’s forex reserves cross USD 700 billion, RBI reports third straight weekly rise

India’s foreign exchange reserves rose by USD 4.698 billion to USD 702.966 billion in the week ending September 12, according to the Reserve Bank of India’s latest Weekly Statistical Supplement. This marks the third consecutive weekly increase, with the reserves crossing the much-awaited USD 700 billion mark. The RBI data showed that foreign currency assets (FCA), the largest component of forex reserves, climbed to USD 587.014 billion, up by USD 2.537 billion. Gold reserves also surged, ris...

September 16, 2025 12:44 PM

RBI issues guidelines for payment aggregators, gateways to boost digital payment ecosystem

The Reserve Bank of India (RBI) on Tuesday issued detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs) in a bid to enhance safety, transparency, and resilience in the country’s fast-growing digital payments ecosystem. In its notification titled “Guidelines on Regulation of Payment Aggregators and Payment Gateways,” the central bank clarified that PAs, being entities that handle funds, will be directly regulat...

September 12, 2025 5:46 PM

CPI inflation inches up to 2.07% in August 2025, well within RBI target

India’s consumer price inflation rose to 2.07 percent in August 2025, according to provisional data released by the Ministry of Statistics and Programme Implementation. This marks an increase of 46 basis points from July, reflecting a modest uptick in overall prices while remaining well within the Reserve Bank of India’s comfort zone. Despite the rise in headline inflation, food prices continued to remain in negative territory for the third consecutive month, recording a decline of 0.69 per...