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Economy Short News


SEBI Mandates UPI Payment System for Market Intermediaries from October 1
The Securities and Exchange Board of India (SEBI) has announced a major regulatory update, mandating the use of the Unified Payments...
Jun 12, 20251 min read


India tops globally in real-time payments
Finance Minister Nirmala Sitharaman today highlighted the remarkable growth in India’s Direct Benefit Transfer (DBT) system, stating...
Jun 12, 20251 min read


World Bank Projects India’s FY26 Growth at 6.3%
World Bank Projects India to Remain Fastest-Growing Major Economy in FY 2025-26 India is expected to maintain its position as the...
Jun 11, 20252 min read


India’s FDI journey
Commerce and Industry Minister Piyush Goyal has described India’s foreign direct investment (FDI) journey as truly transformational ,...
Jun 7, 20251 min read


Gold prices marginally down, Silver up by around 1%
In the Indian Bullion Market, 24 Karat Gold was trading down marginally at 97,930 rupees per 10 grams, while Silver 999 Fine was trading...
Jun 7, 20251 min read


India’s Extreme Poverty Falls to 5.3% in 2022-2023: World Bank
India Lifts 269 Million Out of Extreme Poverty: World Bank Data Shows Major Progress India has recorded a major decline in extreme...
Jun 7, 20252 min read


4th India-Central Asia Dialogue
India-Central Asia Dialogue Emphasizes Financial Connectivity, Digital Payments, and Counter-Terrorism Cooperation In a significant...
Jun 6, 20252 min read


Tesla shares see stark slump, wiping out nearly $150 billion
Shares of Tesla have seen a stark slump amid a public feud between President Trump and Elon Musk. At the Nasdaq exchange, Tesla’s shares...
Jun 6, 20251 min read


RBI's ‘𝐒𝐜𝐡𝐞𝐦𝐞 𝐟𝐨𝐫 𝐖𝐫𝐢𝐭𝐢𝐧𝐠 𝐁𝐨𝐨𝐤𝐬 𝐎𝐫𝐢𝐠𝐢𝐧𝐚𝐥𝐥𝐲 𝐢𝐧 𝐇𝐢𝐧𝐝𝐢 𝐨𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬, 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐮𝐛𝐣𝐞𝐜𝐭𝐬’
The Reserve Bank of India launches a ‘𝐒𝐜𝐡𝐞𝐦𝐞 𝐟𝐨𝐫 𝐖𝐫𝐢𝐭𝐢𝐧𝐠 𝐁𝐨𝐨𝐤𝐬 𝐎𝐫𝐢𝐠𝐢𝐧𝐚𝐥𝐥𝐲 𝐢𝐧 𝐇𝐢𝐧𝐝𝐢 𝐨𝐧...
Jun 6, 20251 min read


RBI cuts repo rate to 5.5%
The Reserve Bank of India (RBI) has decided to cut the repo rate by 50 basis points today to 5.5 per cent from 6 per cent earlier. This...
Jun 6, 20251 min read


India, Kyrgyzstan’s Bilateral Investment Treaty comes into force
India and Kyrgyzstan today signed the Protocol and exchanged the Instrument of Ratification of the Bilateral Investment Treaty (BIT) ....
Jun 5, 20251 min read


India reiterates its support for fair, rule-based global trade
Lok Sabha Speaker Om Birla has reiterated India’s strong support for a fair and rule-based global trading system, which genuinely...
Jun 5, 20251 min read


India elected to Economic, Social Council of United Nations for 2 years beginning 2026
India has been elected to the Economic and Social Council (ECOSOC) of the United Nations for the period from 2026-28. The council is at...
Jun 5, 20251 min read


RBI MPC begins; repo rate likely to be cut further
Reserve Bank of India’s Monetary Policy Committee (MPC) meeting began today to decide on the repo rate cut. Chaired by RBI Governor...
Jun 4, 20251 min read


Rupee down by 31 paise to close at Rs 85.90 against US dollar
In the Forex market, the rupee today depreciated by 31 paise to close at 85 rupees and 90 paise against the US dollar. The dollar index,...
Jun 4, 20251 min read


Gold prices up by 0.3 %
In the Indian Bullion Market , 24 Karat Gold was trading 0.3 percent up at 98,080 rupees per 10 grams, while Silver 999 Fine was trading...
Jun 4, 20251 min read
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