He said that the Reserve Bank of India (RBI) has recognised Assam as the fastest-growing state in terms of Gross State Domestic Product (GSDP) over the last five years, with a growth rate of 45 per cent.
According to RBI figures, Assam's economy recorded an impressive 45 per cent growth between FY 2020 and FY 2025, with GSDP rising from ₹2.4 lakh crore to ₹3.5 lakh crore, surpassing the national GDP growth rate of 29 per cent during the same period.
Criticising the DMK government, Kumar said, "Under the DMK regime, property tax, electricity charges, and water and garbage taxes have been increased to unprecedented levels."
India's foreign exchange reserves rose USD 4.368 billion in the week that ended December 19 to USD 693.318 billion, driven by a jump in gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
The Reserve Bank of India is expected to inject liquidity of around Rs 1.5 lakh crore to Rs 2.5 lakh crore during the first quarter (January-March) of calendar year 2026 through open market operations (OMOs), according to a report by HSBC Asset Management.
Under the swap arrangement, banks will sell US dollars to the RBI in the near leg and simultaneously agree to buy back the same amount of dollars at the end of the three-year period
"The purchases will be carried out in four equal tranches of Rs 50,000 crore each, scheduled for December 29, 2025; January 5, 2026; January 12, 2026; and January 22, 2026," the RBI said.
A sustained focus on macroeconomic fundamentals and economic reforms is expected to keep the Indian economy on a high-growth trajectory despite rising global uncertainties, highlighted a report by the Reserve Bank of India.
FRI, it said, underscored the growing impact of coordinated inter-agency action and citizen participation in combating digital financial crimes. Launched on May 22, 2025, FRI is being implemented through DoT's Digital Intelligence Platform (DIP)
While gold loans still account for a relatively small share of total non-food credit, their proportion has nearly doubled over the past year, indicating a rapid change in borrowing preferences, it said.
The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.
The Reserve Bank of India's Monetary Policy Committee (MPC) is likely to remain on an extended policy pause after its recent rate cut, with any further monetary easing contingent on inflation consistently undershooting its current trajectory, ICICI Bank's Economic Research Group has asserted