On October 7, the RBI’s Monetary Policy Committee voted unanimously to raise the repo rate by 25 basis points to 5.50% — the first increase since February 2023 — and shifted its stance from neut...
Dhanteras falls on November 6 this year, exactly a month away, and the World Gold Council’s own data points to something that would have sounded implausible a few years ago: in the first quarter...
The planned “No UPI Day” protest for October 2 — which we flagged two weeks ago as the kind of merchant-behaviour question standard trackers don’t capture — just played out in a genu...
Brent crude crossed $107 a barrel this weekend, and the rupee slipped past 96 to the dollar on September 28 for the first time — two numbers moving together, twelve days before Navratri begins. The pr...
NPCI issued a circular on September 15 that ends six years of zero-cost UPI for merchants. From October 15, a 0.4% Merchant Discount Rate applies to person-to-merchant transactions above Rs 2,000, cap...
India’s banking system is sitting on the largest cash surplus in its recorded history — roughly ₹11 lakh crore, or $115 billion, in excess rupee liquidity — and the RBI began actively draining i...
The Retailers Association of India released its latest Business Survey this week, and the topline is genuinely encouraging: retail grew 8% year-on-year in July, with store-level demand — the RAI’...
India’s gross GST collections came in at ₹1,99,853 crore for August, released September 1 — a healthy-looking 14.8% jump over last year, edging right up to the ₹2 lakh crore mark. On a headline ...
India’s GDP grew 7.8% in the April-June quarter, comfortably beating the RBI’s own 7% forecast, and most of the coverage this week has understandably led with that headline number. The det...
