RBI's Liquidity Push, Zepto's India Move, and Markets Rally: Top Stories Today
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🗞️ RBI Prepares ₹1.5 Lakh Crore Liquidity Injection
The Reserve Bank of India (RBI) is readying a significant liquidity infusion of ₹1.5 lakh crore to stabilize the financial system. This step comes amidst tightening credit conditions and is expected to support credit flow and banking operations.
Expert Opinion: Economist Dr. Arvind Chandra calls it a "timely measure to combat liquidity crunch and sustain economic growth."
🗞️ Zepto Completes Reverse Flip from Singapore to India
Quick-commerce startup Zepto has officially moved its parent company registration from Singapore to India, a move aligning with the Indian government’s push to localize operations.
Expert Opinion: Startup analyst Pranav Mehta views this as a "significant endorsement of India's business environment and regulatory framework."
🗞️ FMCG Growth at 7.9%: Budget 2025 Expectations
The FMCG sector recorded a 7.9% growth in FY25, driven by rural demand recovery. Industry leaders urge Budget 2025 to focus on tax relief and rural spending to maintain momentum.
Expert Opinion: FMCG consultant Anjali Kapoor says, "Strategic tax cuts can amplify this growth trajectory."
🗞️ UPI Claims 83% Share in India’s Digital Payments
Unified Payments Interface (UPI) transactions have grown to an 83% share of total digital payments in India in 2024, reflecting its dominance in the fintech landscape.
Expert Opinion: Fintech expert Nidhi Ranjan says, "UPI's growth is a testament to India's digital infrastructure and ease of use for consumers."
🗞️ Credit Card Numbers Double in Five Years
RBI data shows that the number of credit cards in India has more than doubled in the last five years, signifying an increased appetite for credit among consumers.
Expert Opinion: Dr. Shreya Shah, a financial analyst, highlights that "easy access to credit is reshaping India’s consumption patterns."
🗞️ India’s Top States in Fiscal Health Index 2025
A new fiscal health index has ranked Gujarat, Maharashtra, and Tamil Nadu as the top-performing states in FY25, reflecting their robust economic policies.
Expert Opinion: Economist Dr. Kavita Sharma notes, "These states exemplify fiscal discipline and economic resilience."
🗞️ India Secures ₹20 Lakh Crore in Investments at WEF Davos
India garnered over ₹20 lakh crore in investment commitments at the World Economic Forum in Davos, with a focus on sunrise industries like AI and renewable energy.
Expert Opinion: Investment expert Harish Patel says, "These investments will drive India’s transition to a knowledge-driven economy."
🗞️ India to Add 8 GW of Thermal Power in FY25
India plans to add 8 GW of thermal power capacity in FY25, falling short of its 15 GW target. Policymakers are pushing to balance renewable and thermal energy development.
Expert Opinion: Energy policy analyst Dr. Raghav Bansal says, "Thermal energy remains critical as India transitions to cleaner alternatives."
Source: Economic Times
📈 Market Updates
Sensex: Up 1.05% (Rally supported by domestic earnings reports).
Nifty: Up 1.01% (Strong buying in IT and FMCG sectors).
Rupee: Weakens 15 paise against the dollar, influenced by a surge in the dollar index.
Gold: ₹58,450 per 10 grams (slightly up by 0.2% on strong demand).
Silver: ₹71,200 per kilogram (up 0.5% as global prices rally).