LiveRBI Cuts FY26 Inflation Forecast to 3.7% Amid Easing Price Pressures
On 6th June, the RBI’s Monetary Policy Committee (MPC) lowered its inflation forecast for FY26 to 3.7%, down from its earlier estimate of 4%. The...
Category : ECONOMY
China’s Services Sector Rebounds After Trade War Truce
China’s services activity expanded faster in May, with the Caixin Services PMI rising to 51.1 from 50.7, signalling continued growth for the 29th month in...
India May Import More US Energy as Trade Talks Continue
On 4th June, an official said Indian imports could boost, as India could increase imports of US shale gas, LNG, and crude oil to diversify...
India Flags Concern at WTO Over Indonesia’s Cotton Yarn Import Curbs
India has objected to Indonesia’s proposed import restrictions on cotton yarn at the World Trade Organization (WTO). The objection cites the potential impact on its...
PM Modi Unveils Rs 47,600-Crore Projects in Kanpur, Focus on Power, Metro & Roads
PM Modi inaugurated and laid the foundation for development projects in Kanpur worth Rs 47,600 crore in Uttar Pradesh on 30th May. Key highlight: Kanpur...
RBI Tightens Rules on Fintech Guarantees for NBFCs’ Loan Provisions
The Reserve Bank of India (RBI) has told Non-Banking Financial Companies (NBFCs) not to exclude fintech guarantees (DLGs) when calculating how much money to set...
India on Track to Overtake Japan as World’s 4th Largest Economy
On 24th May, NITI Aayog CEO BVR Subrahmanyam said India had overtaken Japan to become the world’s fourth-largest economy, citing IMF data. He added that...
India May Let US, Overseas Firms Bid for Rs 4-Lakh-Crore Federal Contracts
According to sources, India is planning to let U.S. firms bid for federal government contracts worth over $50 billion as part of an ongoing trade...
Japan’s Export Growth Slows in April as US Tariffs Hit Trade
Japan’s exports rose 2% in April from a year earlier, below the expected 2.5% rise, while imports fell 2.2%. The yen was 2.6% stronger at...
RBI May Cut Rates Twice by August as Inflation Slips Below 4%
Inflation is expected to stay below 4%, which may give the RBI room to cut interest rates twice, once in June and again in August....