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S&P Global Ratings Boosts India’s GDP Forecast to 6.5%

S&P Global Ratings Boosts India’s GDP Forecast to 6.5%: S&P Global Ratings delivered encouraging news for India’s economic prospects on Tuesday, June 24, 2025, by raising the country’s GDP growth forecast to 6.5% for the current fiscal year. This upward revision reflects the rating agency’s confidence in India’s economic resilience despite mounting global uncertainties and […]

Household Income Survey in 2026

Household Income Survey in 2026: The Ministry of Statistics and Programme Implementation (MoSPI) has announced that India will conduct its first comprehensive Household Income Survey in 2026. A nationwide Household Income Survey aimed at generating robust and reliable data on income distribution across India for the first time. Ministry & Organisations Involved: Ministry of Statistics […]

RBI’s New Project Finance Norms Offer Relief to NBFCs

RBI’s New Project Finance Norms Offer Relief to NBFCs: The Reserve Bank of India (RBI) has released its final guidelines for project finance lending, introducing a more lenient framework for provisioning norms and offering relief to key non-banking financial companies (NBFCs) like PFC and REC. These norms, applicable from October 1, 2025, are expected to […]

Gold Becomes World’s Second-Largest Reserve Asset After U.S. Dollar

Gold Becomes World’s Second-Largest Reserve Asset After U.S. Dollar: Gold has officially become the second-largest global reserve asset, surpassing the euro, as revealed by a recent European Central Bank (ECB) report. Central banks across the world have ramped up their gold holdings in response to persistent geopolitical tensions, inflation fears, and concerns over the reliability […]