On December 6, 2024, the Reserve Bank of India (RBI) announced its 5th bi-monthly monetary policy review for FY25. The 6-member Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, has decided to keep the benchmark repo rate unchanged at 6.5% for the eleventh consecutive meeting. In addition to this, the MPC has opted …
In 2024, India’s jewellery consumption reached 563.4 tons, surpassing China’s 511.4 tons, solidifying India’s position as the world’s largest gold consumer in this sector. India’s total gold demand rose by 5% year-on-year, reaching 802.8 tons in 2024, up from 761 tons in 2023. This increase was driven by higher jewellery consumption and a significant rise …
The 3rd India-Japan Steel Dialogue took place on February 4, 2025, at Vigyan Bhavan, New Delhi. The event was jointly organised by India’s Ministry of Steel and Japan’s Ministry of Economy, Trade and Industry (METI). Co-chaired by Mr. Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, India, and Mr. Hideyuki Urata, Deputy Director General, METI, …
The Union Budget 2025-26 has prioritised the sustainable growth of India’s fisheries sector by increasing financial support and introducing policy measures to enhance marine resource utilisation. The government aims to boost deep-sea fishing, promote modern aquaculture techniques, and strengthen India’s position as a global leader in seafood exports. With a budgetary allocation of ₹2,703.67 crore—an …
In the Union Budget 2025, presented by the Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, the mining sector was identified as one of the key areas for transformative reforms. This is part of a broader strategy aimed at enhancing India’s growth potential and global competitiveness over the next five years. Alongside mining, …
Singapore has witnessed a strong resurgence in international tourism, with India emerging as one of its top three source markets in 2024. According to the Singapore Tourism Board (STB), 1.2 million Indian visitors travelled to the city-state this year, reaffirming India’s importance in Singapore’s tourism landscape. China remained the top source market with 3.08 million …
The announcement of the 8th Pay Commission by Prime Minister Narendra Modi has sparked widespread interest among central government employees. With the 7th Pay Commission set to conclude on December 31, 2026, the formation of the 8th Pay Commission marks a significant step towards revising salaries and pensions. This blog delves into the potential salary …
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced a National Manufacturing Mission to strengthen India’s manufacturing capabilities. The initiative aims to provide a structured policy framework, execution roadmap, governance model, and monitoring system for both central ministries and state governments. This mission is expected to enhance industrial growth across small, medium, and …
The Indian rupee has plummeted to a lifetime low of 87.49 against the US dollar, making it the worst-performing Asian currency in 2025, influenced by Trump’s tariffs and RBI rate cut expectations. Rupee Tumbles Due to Trade Tensions The Indian Rupee has recently become the worst-performing currency in Asia this year, dropping to a record …
On February 5, 2025, the Reserve Bank of India’s (RBI) monetary policy committee meeting began and is expected to conclude its longest pause in interest rates with a rate cut on Friday February 7, 2025, as per various news reports. The meeting includes two new RBI members: Governor Sanjay Malhotra and Deputy Governor M. Rajeshwar …
