RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing a prudent fiscal position, which provides comfort on currency and inflation fronts, industry experts said on Wednesday. Feb 5, 2025
Union Budget 2025-26

Union Budget's Realistic Approach to Economic Recovery

Morgan Stanley's report praises the Union Budget's realistic approach to economic recovery, highlighting its balance between growth support and fiscal consolidation. The budget projects a nominal GDP of 10.1% for fiscal year 2026, with a focus on stimulating consumption through tax cuts and increasing capital expenditure. Feb 3, 2025
Rs 50.65 lakh crore India Budget to boost entrepreneurship, innovation, investments

PHDCCI upbeat after Rs 50.65 lakh crore India Budget for state projects

The focus on public-private partnerships (PPP) in infrastructure, along with 50-year interest-free loans for state projects, is expected to create a multiplier effect not only boosting India's GDP but also strengthening the states' economy, leading industry chamber PHDCCI's President Hemant Jain said on Monday. Feb 3, 2025