Economy News ( English version)

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  • Govt proposes consumer law reforms to speed up case resolution, cut backlog November 7, 2025
    New Delhi is set to reform the Consumer Protection Act. The government plans to use artificial intelligence and digital platforms to speed up dispute resolution. Strict timelines for case disposal will be implemented. This initiative aims to reduce pending cases and ensure timely consumer justice. Reforms include virtual hearings and real-time case tracking. […]
  • More financial sector reforms needed to become $30 tn economy: WB report on India November 7, 2025
    India must accelerate financial sector reforms and boost private capital mobilisation to achieve its goal of becoming a $30-trillion economy by 2047, according to the World Bank’s Financial Sector Assessment (FSA) report.
  • India's forex reserves fall by $5.6 billion to $689.73 billion as of October 31, 2025 November 7, 2025
    India's foreign exchange reserves experienced a significant decline of $5.6 billion, reaching $689.73 billion by October 31, 2025, as reported by the Reserve Bank of India. The central bank regularly monitors the foreign exchange market and intervenes to maintain stable trading conditions and manage currency volatility.
  • India's retail inflation likely fell to multi-year low of 0.48% in October: Reuters poll November 7, 2025
    India’s retail inflation rate likely fell to its lowest level in at least ten years in October, driven by a sharp drop in food prices and a high base effect from last year, according to a Reuters poll of economists. The survey, conducted between November 4 and 7 among 42 economists, projected consumer price index (CPI) inflation at 0.48% for October, down fr […]
  • Digital frauds spike since July; RBI probing causes, warns of risks from digital currencies November 7, 2025
    Digital fraud incidents are increasing since July, according to RBI Deputy Governor T Rabi Sankar. Banks face structural challenges competing with nimble fintechs due to rigid IT systems and high costs. Modernizing core infrastructure is crucial. The rise of private digital currencies and CBDCs will significantly alter the banking business. Globalisation ass […]

 

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