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RBI Revised OMO Operations to ₹40,000 Crore on February 13

RBI Revised OMO Operations to ₹40,000 Crore on February 13

11 February 2025

On Monday, February 10, 2025, the Reserve Bank of India (RBI) announced it will double the size of its open market operation (OMO) purchase to ₹40,000 crore on February 13, up from the previously planned ₹20,000 crore. The move aims to ease the ongoing liquidity deficit in the banking system. “Based on a review of …

Premature Redemption of Sovereign Gold Bonds (SGB): Key Details for February 2025

Premature Redemption of Sovereign Gold Bonds (SGB): Key Details for February 2025

11 February 2025

The Reserve Bank of India (RBI) has announced details for the premature redemption of Sovereign Gold Bonds (SGB) under the 2019-20 Series IX. Investors holding these bonds will have the option to redeem them on February 11, 2025, marking the first eligible early exit date for this tranche. Eligibility for Premature Redemption SGBs come with …

India Energy Week 2025 – ‘Panchamrit’: India’s 5-Point Pledge Towards Climate Change

India Energy Week 2025 – ‘Panchamrit’: India’s 5-Point Pledge Towards Climate Change

11 February 2025

India Energy Week (IEW) 2025 has officially commenced at Yashobhoomi, Dwarka, New Delhi, from February 11th to 14th, 2025. As one of the most anticipated global energy events, it brings together industry leaders, policymakers, innovators, and professionals to shape the future of energy. With over 700 global exhibitors and 70,000+ attendees, the event serves as …

India – EFTA Trade Pact: US$ 100 Billion FDI Commitment Could Unlock US$ 400-500 Billion Investment

India – EFTA Trade Pact: US$ 100 Billion FDI Commitment Could Unlock US$ 400-500 Billion Investment

11 February 2025

The recently announced Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) is set to bring substantial foreign investment to India. According to Union Minister of Commerce & Industry, Mr. Piyush Goyal, EFTA nations—comprising Iceland, Liechtenstein, Norway, and Switzerland—have pledged Rs. 8,74,500 crore (US$ 100 billion) in Foreign Direct …

India’s Pharma Exports Set to Surge 10x, Aiming for ₹30,76,500 Crore by 2047

India’s Pharma Exports Set to Surge 10x, Aiming for ₹30,76,500 Crore by 2047

11 February 2025

India, long recognised as the pharmacy of the world, is set to experience a significant expansion in pharmaceutical exports. With a target of ₹30,76,500 crore (US$ 350 billion) by 2047, the country’s pharma industry is expected to grow 10 to 15 times from its current export value of ₹2,37,330 crore (US$ 27 billion) in 2023. …

Promoting Sustainable Tourism in India: Strategies and Initiatives

Promoting Sustainable Tourism in India: Strategies and Initiatives

11 February 2025

Tourism is a significant contributor to India’s economy, but its rapid growth also presents environmental and socio-economic challenges. Recognising this, the Ministry of Tourism has formulated a National Strategy for Sustainable Tourism, focusing on key pillars that ensure responsible travel while preserving natural and cultural heritage. Strategic Pillars of Sustainable Tourism The Ministry has identified …

Aero India 2025: Showcasing Indian Navy’s Path to Aatmanirbharta; HAL Involved

Aero India 2025: Showcasing Indian Navy’s Path to Aatmanirbharta; HAL Involved

10 February 2025

The Indian Navy has made remarkable strides in embracing the spirit of ‘Aatmanirbharta’ (self-reliance), transitioning from a Buyer’s Navy to a Builder’s Navy. Over 60 warships are currently being constructed in Indian shipyards, highlighting its commitment to indigenisation. Naval Aviation, an integral part of the Navy, is steadfast in its efforts to achieve self-reliance. As …

USD/INR: Rupee Gains Close to 1% Against Dollar, Hits 87 Mark Following RBI Intervention

USD/INR: Rupee Gains Close to 1% Against Dollar, Hits 87 Mark Following RBI Intervention

11 February 2025

The Indian rupee experienced a sharp rally, surging nearly 1% against the US dollar on Tuesday, its most significant rise in over two years. At 12:30 PM, the USD/INR spot rate was 86.88, trading 0.68% lower. The surge, which took the rupee back above the 87 mark for the first time since January 31, was …

Indian Bond Yields Rise Amid RBI Policy and Weak Rupee

Indian Bond Yields Rise Amid RBI Policy and Weak Rupee

10 February 2025

Indian government bond yields saw a rise on Monday morning as investors stayed cautious after the Reserve Bank of India (RBI) made its monetary policy decision. The benchmark 10-year bond yield was recorded at 6.7284%, slightly up from the previous close of 6.7043%. Weak Rupee and U.S. Trade Fears Impact Sentiment The Indian rupee hit …

Key Tax Changes After Budget 2025: What You Need to Know

Key Tax Changes After Budget 2025: What You Need to Know

10 February 2025

The Union Budget 2025 has introduced several tax changes that will impact investors, taxpayers, and senior citizens. Here’s a simplified breakdown of the key updates: ULIP Taxation Changes The government has clarified that if the annual premium for Unit Linked Insurance Plans (ULIPs) exceeds ₹2.5 lakh, the redemption amount will be subject to capital gains …

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