SBI Lowers India’s FY25 GDP Growth Forecast to 6.3% | Economic Analysis & Key Insights The State Bank of India (SBI) has revised its forecast for India’s Gross Domestic Product (GDP) growth for the fiscal year 2024-25 (FY25), lowering it to 6.3% from the National Statistical Office’s (NSO) earlier projection of 6.4%. This adjustment reflects…
The Government of India has announced its plan to raise ₹8 lakh crore through bond issuance in the first half (H1) of the financial year 2025-26 (FY26). This borrowing strategy is part of the government’s effort to fund its fiscal deficit, support public expenditure, and drive economic growth. The bond issuance will take place between…
Remittances from the U.S. and U.K. Overtake Gulf Nations The latest Reserve Bank of India (RBI) bulletin has revealed a significant shift in remittance patterns. The U.S. and U.K. have now become the top sources of remittances to India, surpassing the Gulf nations, which have historically dominated this sector. This development highlights changing economic and…
India’s Wholesale Price Index (WPI) inflation remained unchanged at 2.38% in February 2024, reflecting stability in the wholesale market. This marks a continuation of the inflation trend observed in January 2024, primarily influenced by fluctuations in food, fuel, and manufacturing costs. Factors Contributing to WPI Inflation Stability The steady WPI inflation was largely due to…
India and New Zealand have announced the launch of negotiations for a Free Trade Agreement (FTA), aiming to enhance bilateral trade, investment, and economic cooperation. The agreement is expected to open new market opportunities for both countries and strengthen economic ties. Key Objectives of the FTA The primary objectives of the India-New Zealand FTA include:…
Moody’s Investors Service has projected that India’s GDP growth will exceed 6.5% in the financial year 2025-26. This positive outlook reflects the country’s robust economic fundamentals, including strong domestic demand, a stable macroeconomic environment, and a favorable policy framework. The projection reinforces India’s position as one of the fastest-growing major economies globally. Factors Driving India’s…
India’s digital payment landscape has witnessed unprecedented growth, with transactions exceeding 18,000 crore in the fiscal year 2024-25. This surge underscores the nation’s shift towards a cashless economy and highlights the effectiveness of platforms like the Unified Payments Interface (UPI) and Immediate Payment Service (IMPS). Unified Payments Interface (UPI): The Catalyst of Digital Transactions Introduced…
SEBI Launches ‘Bond Central’: A Unified Portal for Corporate Bond Information Introduction On February 27, 2025, the Securities and Exchange Board of India (SEBI) unveiled ‘Bond Central,’ a centralized database portal designed to serve as a single, authoritative source of information on corporate bonds issued in India. This initiative aims to enhance transparency and facilitate…
