The government's asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0, launched by finance minister Nirmala Sitharaman on Monday, is expected to increase India's GDP by approximately Rs 40 lakh crore over the next 5-10 years, noted a report by NITI Aayog.
As per the detailed report released by the NITI Aayog, NMP 2.0 targets to achieve Rs 16.72 lakh crore, including private sector investment of Rs 5.8 lakh crore, from monetisation of assets belonging to 12 sectors, during the course of five years (FY26 to FY30).
During a press conference after the customary post-Budget meeting with finance minister, RBI governor responded to a query on whether the inflation targeting range would be revised following the CPI base year update, he said the matter is under examination. "The RBI had earlier published a d
The odds of a monetary policy rate hike are quite low given benign core inflation, according to ICICI Bank Global Markets. As a result, it said it expects a prolonged pause going into 2026-27, with focus on injecting durable liquidity regularly to ensure monetary transmission remains in plac
Governor Malhotra noted that global expansion would be supported by a surge in technology-related investments, conducive fiscal and monetary policies, and accommodative financial conditions. However, he cautioned that inflation outcomes remain uneven across countries, prompting central banks
China's economy expanded by 5 per cent in 2025 and is projected to grow 4.5 per cent this year, 0.3 percentage points higher than the IMF's October forecast, reflecting resilience driven by "robust exports and fiscal stimulus," according to the International Monetary Fund (IMF).
Mumbai (Maharashtra) [India], February 18: Cash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), one of India's fast-growing sustainable transit media companies, has announced the acquisition of a 50% equity stake in Charjkaro Greentech Mobility Private Limited, marking a strategic mo
India's foreign exchange reserves dipped USD 6.711 billion in the week that ended February 6 to USD 717.064 billion, after having reached a new all-time high in the prior week, according to the Reserve Bank of India's latest data.
The consumer price index (CPI) is expected to remain below the 4 per cent target level even under the new series due to a fine balancing of weights, according to a report by Bank of Baroda.
The revision in the Consumer Price Index (CPI) base year has had a limited impact on monetary policy interpretation, and the Reserve Bank of India (RBI) is expected to maintain status quo on interest rates in the coming quarters, according to a report by Union Bank of India.
Chief Economic Advisor Anantha Nageswaran on Thursday said that the Consumer Price Index, based on the revised base year, will improve the quality of monetary and fiscal policy decisions.
Announced by RBI Governor Sanjay Malhotra during the latest Monetary Policy Committee meeting, this policy shift is expected to provide the commercial real estate sector with much-needed access to stable, long-term capital. According to the association, "This landmark move strengthens the fi