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- Retail inflation to come below RBI's 4.4% estimates in Jan-Mar quarter at 3.8%: Report March 14, 2025The Consumer Price Index is expected to be below the Reserve Bank's target in Q4 of 2025, allowing for potential policy rate cuts, as reported by Bank of Baroda. February saw retail inflation drop to 3.61%, the lowest in six months, mainly due to declining vegetable prices. Food inflation remains manageable, with prospects for a good Rabi harvest.
- Unchanged global climate policies will cost India 19% and world 15% of GDP by 2050: Sabine Mauderer, Chair, NGFS March 13, 2025India stands to gain significantly from the global shift to net zero emissions, but if climate policies fall short, economic and financial risks will rise. Central banks are discussing the impacts of climate change and its risks, emphasizing the need for ongoing analysis and action.
- Piyush Goyal allays exporters’ fears on US reciprocal tariffs, confident of $900 bln exports in FY26 March 13, 2025Commerce Minister Piyush Goyal reassured exporters of safeguarding India's interests in the US Bilateral Trade Agreement. He urged against protectionism, encouraged industry input on export-promotion, and discussed measures to counter Chinese dumping. With plans to surpass $800 billion exports, Goyal highlighted ongoing efforts to finalize beneficial tr […]
- Commerce Ministry assures exporters to protect their interests amid US tariff threat March 13, 2025Commerce Minister Piyush Goyal reassured exporters in sectors like leather and textiles regarding US tariff threats during a virtual meeting. Officials highlighted the ongoing bilateral trade agreement talks with the US. Concerns over potential US reciprocal tariffs impacting exports were discussed, along with exploring opportunities arising from the tariff […]
- RBI urges lenders to create common pool for green projects March 13, 2025The Reserve Bank of India urges lenders to create a bankable pool of green projects to boost climate-related financing. A dedicated cohort on climate change risks and sustainable finance is proposed under the Regulatory Sandbox. RBI aims to improve expertise in appraising and financing green projects.
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