2025 is ending more favorably than forecast. Robust GDP growth and benign inflation allowed the RBI to cut rates, supporting economic momentum
Headline CPI hit 0.25% in October. With the full-year projection revised down to 2%, the broad-based disinflation has created space for monetary easing
The MPC has cut rates by 125 bps this cycle. With inflation below target, the debate now centers on whether there is room for further reductions ahead
The RBI projects 7.3% GDP growth for 2025-26, expecting a softer second half. Future growth hinges partly on the outcome of key US trade negotiations
The rupee crossed 90/$ , depreciating over 5% this year. This adjustment, though driven by equity outflows, helps exporters amid a tough trade climate
Currency pressure may persist. A swift conclusion to US trade talks is crucial to stabilise the rupee and sustain the economy's favourable position