Rate cut comes within week of Union Budget which provided biggest-ever tax break to middle class to boost consumption after economy slowed to lowest pace since pandemic.
Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in the credit-deposit ratio for individual banks.
Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.
Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing tensions with China shaping its strategic stance.
RBI data shows bad loans in India are the lowest in at least 13 years. While write-offs are the main reason, lower NPA additions & falling slippage ratio are also driving factors.
In a new report, RBI data shows subsidy payments are being concentrated among fewer states, with Tamil Nadu in particular seeing a sharp rise in its share of total subsidies.
RBI has kept repo rate high & unchanged at 6.5% since February 2023 in an attempt to slow credit growth & thereby lower inflation. This has not come to pass, ThePrint’s analysis shows.
Munir indicates that he’s willing to go for broke, even if it risks taking his country “and half the world” down with him. It’s important to understand where he is coming from.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS