RBI’s forward guidance stays dovish, but offers no clear signal of a February rate cut
The floor for the repo rate in this cycle has already been hit. This is because the guidance for H1FY27 Headline CPI is at 4 percent and with the current repo rate at 5.25 percent, the real gap is low at 1.25 percent.
Insurance cut delivered, liquidity rush promised, and RBI ready to support further if needed
RBI announcements this morning managed to deliver it all. There was a rate cut, there were liquidity infusions, and also a dovish tone for further support if needed.
RBI signals lower for longer era
The RBI's MPC unanimously cut the repo rate by 25 bps while maintaining a neutral stance, decisively complementing the cut with Rs1.45 lakh crore in durable liquidity to ensure transmission and decouple domestic policy from external rupee volatility
OPINION | India’s DPDP Act: Transforming digital business and data governance
India’s DPDP Act 2023 shifts data from passive asset to active liability, mandating clarity, accountability, and automation. It reshapes compliance, increases costs, and demands data discipline, boosting trust and AI capabilities
The Reading List: December 5, 2025
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read.
Julius Baer's Unmesh Kulkarni sees rate cut pause in Feb meet, says RBI not worried about rupee's fall
The MPC might want to see improved transmission of the cumulative rate cuts carried out so far.
A Dovish Turn Begins: RBI cuts rate, signals more easing as inflation path falls sharply
The RBI's unanimous 25bps repo rate cut to 5.25% represents a calibrated normalization of the real policy rate, justified not by growth concerns but by a persistent downward shift in the inflation trajectory
OPINION | RBI may have announced the last rate cut in the current easing cycle
Any further rate easing from current levels would only be likely if there is a material downward undershooting in growth outcomes. However, interventions on the liquidity front may well continue
There’s a black hole where central banks’ theory of inflation should be
Old assumptions about expectations and targets can no longer be relied upon
OPINION | IndiGo Lessons for Core Infra Sector: Market concentration cripples Indian aviation
The IndiGo disruption illustrates how a duopolistic aviation sector can transmit private failure into national economic friction. India’s regulatory architecture remains reactive where it must become preventive
Quick Take | What does the 25 bps rate cut mean for India’s economy now?
With inflation at historic lows, the RBI finally opens the tap. The 25 bps cut signals support for growth, but the central bank isn’t throwing caution to the winds.
OPINION | Balasaheb Deoras: Key architect of RSS’ 100-year legacy
RSSFACTS: Balasaheb Deoras, the third Sarsanghchalak of RSS, shaped the organisation’s growth, championed social equality, introduced key reforms like morning shakhas, and left a lasting impact on RSS’ structure and outreach
The rote response to soaring tomato prices underlines the urgent need to reform India’s horticulture markets
The government's knee-jerk reaction to cyclone-driven tomato price spikes masks a systemic failure: a horticulture market where farmers get just 33% of retail prices and boom-bust cycles devastate both producers and consumers
Nvidia: Uneasy lies the head that wears the crown
Nvidia's dominance in AI chips has made it a trillion-dollar giant, but tech rivals and geopolitical pressures are now threatening its reign
India's structural transformation is raising potential growth — but only for some
India's impressive growth rates mask a stark reality: half of recent economic expansion comes from high-productivity sectors that employ barely one-eighth of the workforce
Chart of the Day: RBI forex intervention seems to lack REER input
REER shows the rupee is undervalued as of October
Taking stock – Growth up, prices down, RBI policy on edge
India's GDP growth of 8.2% masks underlying economic challenges, with nominal growth lagging, the RBI caught between rate cuts and rupee defence, and markets pricing in a potential earnings turnaround despite policy uncertainties
OPINION | Putin’s Delhi visit will strengthen bilateral ties
The outbreak of war in Ukraine and Russia’s isolation by the West created an opportunity for enhanced cooperation with India. That was seized and notwithstanding Trump’s threats, bilateral ties are set to deepen
OPINION | An exchange rate modified inflation target is called for
Such a policy can be operationalized by adding a quantitative clause to whatever inflation target measure or formula mandated
OPINION | India’s battle against terror will continue to be a cat-and-mouse game
Security successes in J&K have pushed terrorists to other parts of the country. With Pakistan using terror as a strategic tool, India needs to factor in its relations with neighbours and the US in dealing with this threat
OPINION | E-commerce exports emerge as another engine of growth
India’s goal of $200 billion in e-commerce exports by 2030 is increasingly realistic as digital channels deepen MSME participation in global value chains
Japan bond crisis – Calm before the storm?
As the yen carry trade unwinds, foreign investors withdraw funds from riskier emerging markets. An appreciating yen and portfolio outflows have already put downward pressure on the rupee
How executive pay went galactic
Elon Musk’s $1tn incentive plan supercharges a long history of rewards driving up executive pay
OPINION | Indian market stands apart amid global AI-driven rally
India has lagged the global AI-driven rally, but its domestically focused sectors and resilient flows provide diversification and relative stability if the crowded global AI trade reverses
Can India emerge as a counterweight to China in rare earth landscape?
Beijing knows that uncertainty is better than prohibition when controlling supply chains
