MPC opted for a Rate Cut Second Time in a Row

MPC opted for a Rate Cut On 9th April 2025, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. MPC opted for a Rate Cut Second Time in a Row. Let us see the MPC statement in detail now. MPC opted for a Rate Cut Second …

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India’s GDP doubled from $2.1 trillion to $4.2 trillion in 10 years

India’s GDP doubled from $2.1 Trillion to $4.2 Trillion in 10 years India’s GDP has doubled in the last decade, making it one of the fastest-growing economies in the world. Despite facing challenges like the Covid pandemic, India is set to become the third-largest economy in the world in the near future. The latest International …

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The FRBM Act and its Objective – An Overview

What is the FRBM Act? – An Overview Welcome Back to Basics In India, whenever one reads or talks about fiscal balance or fiscal deficit, then one hears about the FRBM Act. In this article, we will look at what is the FRBM Act, its Objectives, the Mandate of the FRBM framework, and the Fiscal Consolidation Path. …

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Australia’s Economic Downturn – What You Need to Know

Australia’s Economic Downturn – What You Need to Know Australia may be heading towards an economic downturn. In this article, we will delve into what you need to know regarding Australia’s economic downturn. Get ready for the unusual economic climate of 2025 from Australia. Despite historically low unemployment, and slow wage growth, the Reserve Bank …

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Japan’s economy grew more than expected in the Fourth Quarter, of 2024

Japan’s Economy Grew More Than Expected in the Fourth Quarter, of 2024 On 17th February, 2025,  Japan released its Fourth Quarter (i.e. October–December 2024) GDP data. Japan’s economy grew more than expected in the fourth quarter (Q4), of 2024. For the third straight quarter, Japan’s economy has expanded thanks to net exports and boosted investments. This means …

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China’s Economic Miracle: Will It Continue (or) Fade Away?

China’s Economic Miracle: Will It Continue (or) Fade Away? China’s Economic Miracle: Will it continue or fade away? Well, it is not that easy to answer. Despite many may rule out completely of its miracle, some wonderment will not fade away so easily and China’s growth is one among that. Is the Chinese economy facing …

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MPC opted for a Rate Cut after nearly 5 Years

MPC opted for a Rate Cut after nearly 5 Years On 7th February 2025, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its Monetary Policy Statement. MPC has opted for a rate cut after nearly 5 years. The rate cut happened after 11 times MPC went for a pause …

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Union Budget 2025-26 – Key things to Look Out for

Union Budget 2025-26 – Key things to Look Out for The India’s finance minister will deliver the Union Budget 2025-26 on Saturday (i.e. 1st February 2025). The Finance Minister Smt. Nirmala Sitharaman will deliver the Union Budget for the eighth time in a row in Parliament. She is also the first Finance Minister to deliver …

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First Advance Estimates (FAE) of National Income 2024-25 – An Overview

First Advance Estimates (FAE) of National Income 2024-25 – An Overview All eyes will be on the budget this years, as the expectations on many things are lurking around. Before going further, let us look at what the First Advance Estimates (FAE) of National Income 2024-25, released by the National Statistics Office, Ministry of Statistics …

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NITI Aayog launches the “Fiscal Health Index 2025” – An Overview

NITI Aayog launches the “Fiscal Health Index 2025” – An Overview The first issue of NITI Aayog’s report titled “Fiscal Health Index (FHI) 2025” was launched on January 24, 2025. The report provides a thorough evaluation of the fiscal health of 18 major states. The assessment is based on five key sub-indices. The report also …

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