India’s Q2 FY26 GDP: Mark your calendars: India’s National Statistical Office (NSO) will publish the Q2 FY26 (July–September 2025) GDP at 4:00 pm IST on Friday, November 28, 2025—as stated in MoSPI’s Q1 press note. That release follows a 7.8% year-on-year surprise in Q1 FY26. Since then, IIP for September printed 4.0% and Eight Core…
UPI Goes Global: India’s Unified Payments Interface (UPI) has moved decisively beyond home turf in 2025. The headline: UPI is being accepted in Malaysia through NIPL–Razorpay Curlec, joining a growing club of destinations (France, Singapore, UAE, Mauritius, Sri Lanka, Qatar, and more). In parallel, PayPal World announced an upcoming link to UPI, while NRIs can…
Rupee Watch: Through the first half of November 2025, the rupee has traded tightly around 88.6–88.8 per U.S. dollar, brushing its late-September record low but largely holding the line. Daily reference prints and interbank closes show narrow ranges as a familiar mix of factors pull in oppo site directions: RBI defence via state-run banks, oil…
RBI’s October 2025 Policy Decoded: On October 1, 2025, the Reserve Bank of India’s Monetary Policy Committee (MPC) kept the repo rate at 5.50% and retained a neutral stance. Alongside the pause, the RBI lowered FY26 CPI inflation to 2.6% (from 3.1%) and raised FY26 real GDP growth to 6.8%, citing easing food prices and…
India’s October 2025 CPI: India’s statistics office will publish the October 2025 Consumer Price Index (CPI) on Wednesday, November 12, 2025, as flagged in last month’s release. September’s headline inflation was 1.54% year-on-year, the lowest since June 2017, with food deflation pulling the overall rate below 2%. Market trackers now expect an even lower October…
India’s GST Hits ₹1.96 Lakh Crore: India’s gross Goods and Services Tax (GST) revenue for October 2025 printed at ₹1,95,936 crore, up 4.6% year-on-year, according to an official press release. Within this, domestic GST rose 2% to ₹1,45,052 crore, while import-related GST logged a stronger 12.9% growth—pointing to resilient trade activity even as a late-September…
RDI Fund Explained: India has formally launched the ₹1 lakh crore Research, Development & Innovation (RDI) Fund to catalyse private investment in transformative technologies. Announced at the Emerging Science, Technology & Innovation Conclave (ESTIC) in New Delhi on November 3, 2025, the scheme builds on Cabinet approval from July 1, 2025 and the Budget 2024–25…
India’s Manufacturers Report: India’s manufacturing sector returned to growth momentum in October 2025, registering a Purchasing Managers’ Index (PMI) of 59.2, up from 57.7 in September, according to the HSBC/S&P Global survey. This marks the fastest pace of expansion in around five years. The rebound is noteworthy especially given the concurrent deceleration in the services sector….
India’s Services Activity Eases: India’s dominant services sector saw its pace of growth ease in October, slipping to a five‑month low, according to the latest survey data from HSBC and S&P Global. While the sector continues to expand, the moderation underlines emerging headwinds for the country’s economy at a time when manufacturing is gaining strength….
India’s forex reserves fall by $5.6 billion, taking the total to $689.73 billion as of October 31, 2025, according to the latest data released by the Reserve Bank of India (RBI). This significant decline comes amid growing global financial volatility, foreign portfolio outflows, and rising import costs, particularly from high crude oil prices. What Are…