RBI Surplus Jumps 27% 📈
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🗞️ RBI Net Income Surges 27% in FY25
RBI's net income jumped 27.3% to ₹2.69 lakh crore in FY25, driven by higher foreign exchange gains. This follows its record dividend payout earlier this month.
💬 Expert Take: “This reflects strong central bank management and a robust macroeconomic position, helping fiscal policy coordination,” — Aditi Nayar, Chief Economist, ICRA.
🗞️ India’s GDP Likely Grew 7% in Q4 FY25
India’s GDP likely expanded 7% in Q4 FY25, according to an SBI Research report. For FY25 as a whole, GDP is expected to grow 6.3%, maintaining strong economic momentum.
🗞️ e-Rupee Circulation Hits ₹1,016 Cr
RBI’s digital currency (e₹) in circulation surged to ₹1,016 crore as of March 2025. The RBI now plans to explore cross-border Central Bank Digital Currency (CBDC) pilots in collaboration with other countries.
🗞️ SEBI Tightens Risk Rules for Derivatives
SEBI has strengthened risk monitoring in the equity derivatives market to curb speculative trading. Measures include enhanced margin systems and tighter position limits.
💬 Expert Take: “This is a step toward long-term market stability and protecting retail investors amid rising derivative volumes,” — Nilesh Shah, MD, Kotak AMC.
🗞️ Flipkart Gets ₹2,225 Cr Funding Boost
Flipkart has secured a fresh ₹2,225 crore infusion from its parent company. The funding is expected to strengthen its supply chain and fuel growth ahead of the festive season.
🗞️ Ola Electric Sees 38% Margin Growth in FY25
Ola Electric improved gross margins by 38% YoY in FY25. The company now targets profitability by FY26 as it ramps up production and EV deliveries.
🗞️ 7 Big Money Changes from June 1
June 2025 brings multiple financial updates: EPFO 3.0 rollout, Aadhaar updates, Form 16 issuance, revised mutual fund NAV cutoff times, and more.
🗞️ Loan and Digital Frauds Tripled in FY25
Fraud cases involving loans and digital transactions surged nearly threefold in FY25. RBI’s data shows increased frauds in public sector banks and fintech platforms.
📊 Market Updates:
📈 Sensex: 81,633.02 ▲ +320.70 (+0.39%)
📈 Nifty 50: 24,833.60 ▲ +81.15 (+0.33%)
💵 USD/INR: ₹85.51 ▲ +0.17 (+0.20%)
🛢️ Brent Crude: $66.13 ▲ +1.81 (+2.81%)
🪙 Bitcoin: $107,940 ▼ -0.9%
🪙 Gold (24K): ₹9,704/gram ▼ -₹44