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Day: January 6, 2025

Blog
Indian rupee set to hit 87 against dollar by year-end

On January 3, the People’s Bank of China (PBOC) allowed the yuan (or renminbi) to depreciate beyond the key threshold of 7.3 against the US dollar. This move triggered ripple effects across global markets, fuelling uncertainty and causing Indian benchmark indices to decline by approximately 1.6% each on January 6.

Blog
Finance minister Nirmala Sitharaman concludes Budget 2025-2026 stakeholder consultations

In the course of the consultations, Sitharaman expressed gratitude to the participants for sharing valuable suggestions and assured experts and representatives that their suggestions would be carefully examined and considered while preparing the Union Budget 2025-26. Additionally, from January 10, 2025, citizens may share their valuable suggestions and ideas for the Union Budget 2025-26 on the MyGov platform