Kolkata, India – In a significant development poised to reshape the economic landscape of West Bengal, Chief Minister Mamata Banerjee held a crucial meeting with Natarajan Chandrasekaran, Chairman of Tata Sons and the broader Tata Group, on Wednesday, July 9, 2025. The high-profile discussion, held at the Nabanna State Secretariat in Howrah, centered entirely on…
In a move hailed as a positive signal for India’s interbank liquidity and short-term financial instruments, the Reserve Bank of India (RBI) has extended the operating hours for the call money market by two hours. This policy decision is part of the central bank’s broader efforts to enhance market efficiency, liquidity flow, and financial resilience…
India’s economic growth in 2025 is a story of ambition, resilience, and regional transformation. As the nation surges to become the world’s fourth-largest economy, surpassing Japan with a nominal GDP of $4.19 trillion, the contributions of states like Gujarat, Karnataka, and Uttar Pradesh are rewriting the narrative of progress. With the International Monetary Fund (IMF)…
India’s Non-Banking Financial Companies (NBFCs) are witnessing a transformational change in their funding pattern. According to a recent report, NBFCs’ funding strategy is evolving rapidly as they increasingly tap into public deposits and bond markets to fuel growth and operational stability. This marked shift comes amid a broader effort to reduce dependence on conventional bank…
RBI Surprises Markets with CRR Cut and Neutral Stance In a move signaling a more accommodative monetary policy outlook, the Reserve Bank of India (RBI) has announced a CRR cut of 100 basis points. This significant shift, combined with the central bank changing its policy stance from “withdrawal of accommodation” to “neutral,” marks a pivotal…
