RBI MPC Holds Repo Rate at 5.25%, Projects CPI Inflation at 2.1% for FY 2025-26

Govt Proposes Gold Monetisation via Jewellers: 20,000 Tonne Idle Gold, Demat Deposits, Interest Income

The government is planning a new gold monetisation scheme where jewellers, not banks, will collect physical gold deposits from households, issue demat receipts, and pay interest. This aims to unlock over 20,000 tonnes of idle gold, improve India's trade balance, and reduce import dependence — a key reform for economic stability and current account management.

MoSPI Considers Diary-Based HCES for High-Income Households to Tackle 9.8% Urban Non-Response Rate

To counter rising non-response from affluent households in gated societies, MoSPI is piloting a 'diary-based' self-reporting method for the next Household Consumption Expenditure Survey (HCES) in 2027-28. This shift is critical because the HCES data directly impacts CPI basket weights, inflation targeting by RBI, and policy making, but raises concerns about data comparability due to differential recall errors between survey methods.

RBI Issues Comprehensive Loan Recovery Rules: Phone Lock Allowed After 60 Days, Compensation ₹250/hr for Delayed Restoration

RBI has issued a consolidated framework for loan recovery by commercial banks, effective January 1, 2027. For the first time, it regulates technology-based restrictions on financed devices (smartphones/laptops) — allowing phone locking after 60 days of default, but with strict safeguards including ₹250/hour compensation for delayed restoration. This is a high-impact regulatory reform for Banking exams and UPSC GS3.

RBI Holds Repo Rate at 5.25% as CPI Inflation Hits 4.38% in June; Forex Reserves Near $700 Bn

RBI's MPC kept repo rate unchanged at 5.25% for the fourth time, prioritizing growth despite CPI inflation rising to 4.38% in June, above the 4% target. Elevated global crude prices and geopolitical uncertainties are key concerns. The central bank is using tools like dollar-rupee swaps and FCNR(B) deposits to manage liquidity and shore up forex reserves near $700 billion, while the rupee recovers to around ₹95.

RBI Holds Repo Rate at 5.25%, Focuses on Core Inflation Ex Precious Metals

RBI kept repo rate unchanged at 5.25% but signaled a focus on core inflation excluding precious metals (currently 2.5%) as the 'lodestar' for policy. This puzzling communication suggests potential rate hikes later if core inflation converges, even as headline CPI is expected above 4% target. Key for understanding RBI's inflation targeting approach and market expectations.

India's July Retail Inflation Rises to 4.45%, RBI Holds Repo Rate at 5.25%

India's July retail inflation rose to 4.45%, the highest in 19 months, driven by food and transport costs. The RBI's MPC held the repo rate at 5.25% for the fourth consecutive meeting, balancing persistent supply-side inflation against weakening economic momentum. This is critical for exams as it tests your understanding of inflation dynamics, MPC decision-making, and the interplay between global disruptions (Ukraine-Russia) and domestic prices.

RBI MPC Unanimously Holds Repo Rate at 5.25%, Maintains Neutral Stance on Inflation

The RBI's MPC unanimously kept the repo rate unchanged at 5.25% with a neutral stance, as inflation driven by food and fuel prices remains a concern. For exam aspirants, this is a high-yield topic covering monetary policy tools, inflation dynamics, and global central bank trends.

RBI Holds Repo Rate at 5.25%, MPC Minutes Signal Rate Hike Risk as Inflation Projected to Peak at 5.9% in Q3 FY27

The RBI MPC minutes reveal a cautious stance with the repo rate left unchanged at 5.25% despite rising inflation. Members warned that headline inflation peaking at 5.9% in Q3 2026-27 could warrant a rate hike later in the year. This signals a shift from the earlier easing cycle and underscores the RBI's focus on anchoring inflation expectations.