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Shaktikanta Das

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Macro Economy & Fiscal Policy 16 Oct 2026, 06:44 AM IST

India Moves to Build Rare-Earth Magnet Capacity as Supply-Chain Risks Deepen, Says Shaktikanta Das

The Indian government is stepping up efforts to develop domestic rare-earth magnet capacity after global supply-chain vulnerabilities exposed the country’s dependence on imported critical manufacturing inputs, according to Shaktikanta Das. The push is aimed at reducing strategic exposure in sectors ranging from electric mobility to defence and advanced electronics. Officials are framing the initiative as part of a broader industrial resilience agenda rather than a narrow subsidy exercise.

By RDU Global Wire5 min read
Banking, Fintech & Insurance08 Oct 2026, 06:23 PM IST

RBI turns hawkish, raises repo rate by 25 bps to 5.5%

The Reserve Bank of India has shifted decisively toward a tighter policy stance, lifting the repo rate by 25 basis points to 5.5% and moving its Monetary Policy Committee from neutral to calibrated tightening. The move signals renewed concern over inflation persistence and financial conditions, with markets now pricing in the possibility of another 50 basis points of hikes in FY27.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 09:28 AM IST

RBI turns hawkish, raises repo rate 25 bps to 5.5% as policy stance shifts to calibrated tightening

The Reserve Bank of India has raised the repo rate by 25 basis points to 5.5%, marking a clear hawkish turn and a formal shift in stance from neutral to calibrated tightening. The move signals the central bank’s renewed focus on inflation control and financial stability, even as markets begin to price in the possibility of another 50 basis points of hikes in FY27.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 06:34 AM IST

MPC kicks off rate-hike cycle, raises repo rate by 25 bps

India’s Monetary Policy Committee has begun a tightening cycle, lifting the repo rate by 25 basis points and shifting its stance from neutral to calibrated tightening. The move signals the central bank’s intent to contain inflationary pressures while keeping a close watch on growth and financial conditions.

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Banking, Fintech & Insurance06 Oct 2026, 10:39 AM IST

India’s resilience is the result of reforms, not chance, Das says

India’s economic resilience is the product of broad, mutually reinforcing reforms rather than luck, former Reserve Bank of India Governor Shaktikanta Das said, framing the country’s growth trajectory as structurally stronger than in earlier cycles. He said the journey toward developed-nation status will involve a marked expansion of activity across five key areas, underscoring the need for sustained policy coordination and investment.

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Banking, Fintech & Insurance05 Oct 2026, 08:32 AM IST

India’s Economic Resilience Is the Result of Broad, Reinforcing Reforms, Says Das

India’s resilience in the face of global shocks is not accidental but the product of a wide set of mutually reinforcing reforms, former Reserve Bank of India Governor Shaktikanta Das said on Wednesday. He said the country’s journey toward developed-nation status will require a marked expansion of activity across five key areas, underscoring the need for sustained policy depth rather than short-term fixes.

5 min readRead →

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