India's economy surged 7.4% in January to March, much faster than forecasts and driven by construction and manufacturing, although uncertainty about U.S. tariffs poses risks to the outlook.

India’s central bank digital currency (CBDC), the retail e₹, witnessed an exponential 334% increase in value in circulation to Rs 1,016 crore in FY25 compared to Rs 234 crore in the previous year.

The Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth.

NEW DELHI – India’s economy grew by 7.4% in the January–March quarter of 2025, significantly exceeding expectations and outperforming other major economies, according to government data ...