{ }
001122334455554433221100
001122334455554433221100

food inflation expected to ease by fourth quarter on improved harvest prospects

India's food inflation is projected to ease by Q4 2024-25, driven by improved kharif crop arrivals and favorable rabi season prospects, despite a rise in September inflation to 5.5%. The Reserve Bank of India anticipates core inflation to remain contained, with a projection of 4.5% for 2024-25, supported by sufficient cereal stocks and favorable weather conditions. However, risks from adverse weather events persist.

enhancing india myanmar trade through rupee kyat settlement mechanism

India and Myanmar are advancing discussions on a local currency trade settlement mechanism using the Rupee and Kyat to enhance bilateral trade. Key challenges include addressing non-tariff barriers, improving trade financing, and overcoming infrastructural deficits, while the success of this initiative hinges on achieving balanced trade and formalizing existing practices. The mechanism aims to lower transaction costs and settlement times, fostering deeper economic ties in line with India's "Act East" policy.

Paytm gains NPCI approval for new UPI users amid mixed Q2 results

Paytm's parent company, One 97 Communications, has received approval from the NPCI to onboard new UPI users, ending a nine-month embargo by the RBI. This development comes after the company reported a net profit of ₹930 crore in Q2FY25, largely due to a one-time gain from selling its movie ticketing business, although it would have otherwise faced a net loss of ₹415 crore. Despite a 5% rise in stock this year, Paytm has underperformed compared to Nifty's 12% returns.

IMF maintains India's GDP growth forecast at seven percent for FY25

The International Monetary Fund (IMF) has maintained India's GDP growth forecast for FY25 at 7%, as revealed in its latest World Economic Outlook. The economy is projected to grow by 6.5% in FY26, with a reported 6.7% expansion in the first quarter of FY25. Despite signs of a slowdown in the second quarter, the Reserve Bank of India has kept its FY25 forecast at 7.2%, anticipating 7.4% growth in the latter half of the fiscal year.

shift in household savings behavior impacts bank deposit growth in india

Indian households are shifting their savings from traditional bank deposits to alternative assets like property and equities, driven by easier access to retail loans and a younger, tech-savvy population. This trend has led to a decline in bank deposit growth, with credit growth outpacing deposits, prompting concerns about monetary policy effectiveness. As the Reserve Bank of India is expected to cut rates, challenges persist due to asymmetric monetary transmission and reduced liquidity from government cash management measures.
14:58 18.10.2024
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.