Indian Economy & Business: RBI MPC Begins, GDP Forecasts Upgraded, and Key Policy Changes Announced

September 30, 2025

The Indian economy saw a flurry of significant developments over the past 24 hours, particularly in monetary policy, economic outlook, and regulatory changes. The Reserve Bank of India's Monetary Policy Committee (MPC) commenced its meeting, with expectations leaning towards an unchanged repo rate. Meanwhile, leading agencies like EY and Moody's revised India's GDP forecasts upwards, affirming its position as the fastest-growing G20 economy despite global headwinds. The RBI also announced new lending norms and a transition to continuous cheque clearing. The stock market, however, continued its downward trend for the seventh consecutive session.