Exports decline afresh, imports surge, widening trade deficit
India’s trade deficit widened in January 2025 as exports contracted after a brief recovery, while imports surged, driven by increased machinery imports and gold inflows.
Citi Expects Social Finance Funding in Asia to Rise Over 10% in 2025
In 2024, Citi played a key role in mobilizing over US$2 billion across Asia through social finance transactions.
CPI inflation down in January: Why it is too early to uncork the bubbly
The most significant contributor to the decline is food inflation, which eased to 6% in January from over 8% in the preceding months
Uttar Pradesh Poised to Become USD 1 Trillion Economy: PHDCCI
Uttar Pradesh is on track to becoming a USD 1 trillion economy, driven by robust economic growth, improved ease of doing business, and significant investments in infrastructure, according to a report released by the PHD Chamber of Commerce and Industry (PHDCCI).
Should the RBI Keep Propping Up the Rupee?
A sharply depreciating rupee sends all the wrong messages—higher risks, reduced returns, and an economy struggling to keep up. Left unchecked, it can trigger capital outflows, destabilizing markets and worsening the current account deficit. The RBI’s interventions reassure investors, acting as a firewall against such outcomes.
RBI Bulletin: India’s Economic Growth Poised for Revival as Demand Strengthens
Authored by a team led by Michael Patra, who recently stepped down as RBI Deputy Governor, the article highlights that domestic demand is strengthening across the board. “Rural demand, in particular, is gaining momentum, underpinned by resilient consumption and brighter prospects for agriculture,” it noted.
Oil Prices Rise Amid Supply Concerns and Fed Rate Cut Hopes
Federal Reserve Governor Christopher Waller suggested on Thursday that easing inflation could allow the U.S. central bank to cut interest rates sooner than anticipated, fueling optimism about economic growth and energy demand. This sentiment contrasts with earlier market bets on a slower pace of rate adjustments.
Wholesale inflation quickens to 2.37% in December
Biggest jump was observed for primary articles inflation as it touched to 6.02 per cent, from 5.49 per cent in November.
Inflation falls in December. Rate cut hopes brighten in February
Prices of cereals rose by 6.5% from a 6.88% increase in November, while those of pulses rose 3.83% compared to a 5.41% growth in the same period.
December retail inflation eases to 5.22%, food inflation at 8.39%
Among key categories, vegetable inflation dropped to 26.56% from 29.33%, pulses inflation moderated to 3.83% from 5.41%, and fuel and light inflation improved to -1.39% from -1.83%.