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What is the story about?
Friday belonged to India’s economy. The RBI held rates, GDP surprised on the upside, inflation forecasts crept higher — and through it all, the rupee staged its biggest single-day rally in over two months. A data-heavy day that gave markets plenty to chew on.
Rates steady, forecasts aren’t
The RBI did what markets expected — held the repo rate unanimously. But the real story was the tone. The central bank trimmed its FY27 growth forecast to 6.6% and nudged inflation higher to 5.1%, flagging crude prices and global headwinds. A hold, but a cautious one.
RBI MPC Meeting Outcome: Policy rate left unchanged in 'unanimous' decision
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has left its policy repo rate unchanged at 5.25% on Friday, June 5.
Read More
RBI Monetary Policy lowers India's GDP growth forecast to 6.6% for FY27
The Reserve Bank of India's Monetary Policy Committee (MPC) has lowered its forecast for India's gross domestic product (GDP) growth for the financial year 2027 to 6.6%. The RBI MPC had earlier forecast 6.9% for the same.
Read More
RBI raises FY27 inflation forecast to 5.1%, sees core inflation at 4.7%
The Reserve Bank of India (RBI) on Friday, June 5, raised its FY27 inflation forecast to 5.1% from 4.6%, citing higher-than-expected crude oil prices and a more uncertain global environment, while keeping the repo rate unchanged at 5.25%.
Read More
Rupee’s best day in months
The rupee didn’t just recover — it surged. A sharp rebound on Friday came on the back of RBI measures aimed at boosting foreign capital inflows and shoring up India’s external sector. Markets took notice.
Rupee ends below 95 against dollar; posts biggest single-day gain in over two months
Rupee surges on RBI policy boost, strongest single day rise in two months as new measures attract foreign inflows and aim to stabilise the currency.
Read More
RBI unveils multi-pronged dollar inflow package as rupee faces external pressures
The Reserve Bank of India on Friday, June 5, unveiled a broad package of measures aimed at attracting foreign capital, boosting dollar inflows and strengthening India's external position, even as it kept interest rates unchanged despite persistent pressure on the rupee.
Read More
FY26 signs off strong
India’s economy saved its best for last. GDP climbed to 7.7% for FY26, with the March quarter accelerating to 7.8% — driven by strong investment and consumption. The finish line looked better than most had expected. Eyes now turn to whether FY27 can hold the momentum, with oil prices, the monsoon, and West Asia all watching.
India's GDP growth accelerates to 7.8% in Q4, FY26 growth rises to 7.7%, beats estimates
India's economy grew 7.7% in FY26, marking an acceleration from 7.1% in the previous financial year, according to the Provisional Estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday, June 5.
Read More
CEA warns of looming oil, monsoon risks after FY26 growth beat forecasts
India's FY26 growth surprise has given policymakers breathing room, but the CEA V Anantha Nageswaran warns that oil prices, monsoon risks and the West Asia crisis could test the economy's resilience in FY27.
Read More
MoSPI secretary cites capex, consumption strength behind FY26 growth
Strong investment flows, rising infrastructure spending and resilient household consumption helped power India's FY26 economic expansion, Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg said, highlighting the key drivers behind the year's growth performance.
Read More
Meanwhile, the bigger picture zoom out, two stories demand attention
AirTrunk is committing $30 billion to AI-focused data centres in India by 2030. And Commerce Minister Piyush Goyal says an India-US interim trade deal — with preferential access for Indian exports — could land by mid-July.
AirTrunk plans $30 billion investment in India by 2030 to build data centres for AI
AirTrunk, a data centre company backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), plans to invest more than $30 billion (₹3 lakh crore) to build over 5GW of data centre capacity in India by 2030.
Read More
India-US interim trade deal likely by mid-July; first tranche to be 'vibrant': Piyush Goyal
India and the United States are likely to be in a position to execute a "very, very vibrant" first tranche of an interim trade agreement by the middle of July, Commerce and Industry Minister Piyush Goyal said on Friday, June 5, adding that the pact would provide preferential access to Indian exports.
Read More
Read More
We will meet you again on Monday with another engaging Top 10@10
Rates steady, forecasts aren’t
The RBI did what markets expected — held the repo rate unanimously. But the real story was the tone. The central bank trimmed its FY27 growth forecast to 6.6% and nudged inflation higher to 5.1%, flagging crude prices and global headwinds. A hold, but a cautious one.
RBI MPC Meeting Outcome: Policy rate left unchanged in 'unanimous' decision
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has left its policy repo rate unchanged at 5.25% on Friday, June 5.
Read More
RBI Monetary Policy lowers India's GDP growth forecast to 6.6% for FY27
The Reserve Bank of India's Monetary Policy Committee (MPC) has lowered its forecast for India's gross domestic product (GDP) growth for the financial year 2027 to 6.6%. The RBI MPC had earlier forecast 6.9% for the same.
Read More
RBI raises FY27 inflation forecast to 5.1%, sees core inflation at 4.7%
The Reserve Bank of India (RBI) on Friday, June 5, raised its FY27 inflation forecast to 5.1% from 4.6%, citing higher-than-expected crude oil prices and a more uncertain global environment, while keeping the repo rate unchanged at 5.25%.
Read More
Rupee’s best day in months
The rupee didn’t just recover — it surged. A sharp rebound on Friday came on the back of RBI measures aimed at boosting foreign capital inflows and shoring up India’s external sector. Markets took notice.
Rupee ends below 95 against dollar; posts biggest single-day gain in over two months
Rupee surges on RBI policy boost, strongest single day rise in two months as new measures attract foreign inflows and aim to stabilise the currency.
Read More
RBI unveils multi-pronged dollar inflow package as rupee faces external pressures
The Reserve Bank of India on Friday, June 5, unveiled a broad package of measures aimed at attracting foreign capital, boosting dollar inflows and strengthening India's external position, even as it kept interest rates unchanged despite persistent pressure on the rupee.
Read More
FY26 signs off strong
India’s economy saved its best for last. GDP climbed to 7.7% for FY26, with the March quarter accelerating to 7.8% — driven by strong investment and consumption. The finish line looked better than most had expected. Eyes now turn to whether FY27 can hold the momentum, with oil prices, the monsoon, and West Asia all watching.
India's GDP growth accelerates to 7.8% in Q4, FY26 growth rises to 7.7%, beats estimates
India's economy grew 7.7% in FY26, marking an acceleration from 7.1% in the previous financial year, according to the Provisional Estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday, June 5.
Read More
CEA warns of looming oil, monsoon risks after FY26 growth beat forecasts
India's FY26 growth surprise has given policymakers breathing room, but the CEA V Anantha Nageswaran warns that oil prices, monsoon risks and the West Asia crisis could test the economy's resilience in FY27.
Read More
MoSPI secretary cites capex, consumption strength behind FY26 growth
Strong investment flows, rising infrastructure spending and resilient household consumption helped power India's FY26 economic expansion, Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg said, highlighting the key drivers behind the year's growth performance.
Read More
Meanwhile, the bigger picture zoom out, two stories demand attention
AirTrunk is committing $30 billion to AI-focused data centres in India by 2030. And Commerce Minister Piyush Goyal says an India-US interim trade deal — with preferential access for Indian exports — could land by mid-July.
AirTrunk plans $30 billion investment in India by 2030 to build data centres for AI
AirTrunk, a data centre company backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), plans to invest more than $30 billion (₹3 lakh crore) to build over 5GW of data centre capacity in India by 2030.
Read More
India-US interim trade deal likely by mid-July; first tranche to be 'vibrant': Piyush Goyal
India and the United States are likely to be in a position to execute a "very, very vibrant" first tranche of an interim trade agreement by the middle of July, Commerce and Industry Minister Piyush Goyal said on Friday, June 5, adding that the pact would provide preferential access to Indian exports.
Read More
Read More
We will meet you again on Monday with another engaging Top 10@10
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