RBI policy outlook: Morgan Stanley sees two 25 bps cuts by December; inflation forecast slashed to 2.4% for FY26

The Reserve Bank of India (RBI) is likely to cut policy rates by 25 basis points each in October and December, bringing the terminal rate down to 5 per cent, global brokerage Morgan Stanley has projected in its latest report. The easing cycle is supported by sustained disinflation and inflation undershooting the central bank’s 4 […]

Economy

Negative Indian Ocean Dipole likely to persist till December, says Australia’s Bureau of Meteorology

The Indian Ocean Dipole (IOD) is set to stay in a negative phase through the southern hemisphere spring )(September 22-December 21), returning to neutral by early summer, according to Bureau of Meteorology (BoM), Australia report. The IOD index has been below −0.4°C for seven weeks straight. Prolonged negative IOD conditions usually bring lower post-monsoon rainfall […]

GST overhaul: Government permits revised MRPs on unsold stock; use of old packaging allowed till December

The government has allowed manufacturers, packers and importers of packaged goods to print revised MRPs on unsold stock under the new GST rules. They have further been allowed to exhaust existing packaging material and wrappers until December. The decision comes amid repeated appeals by consumer goods companies, which had urged the government to allow clearance […]

Comic Con India to take place in December in Delhi

Comic Con India, an annual festival celebrating pop culture, is set to return with its Delhi edition in December. The previous edition witnessed over 52,000 visitors and featured stand-up comedians.(Photo: Raajessh Kashyap/HT ) Serving as a bridge between passion and profession, the gala also provides opportunities for emerging talents through panel sessions, workshops, meet-ups with […]

Fast Refunds and Tribunal Set for December 2025, ETCFO

The 56th Goods and Services Tax (GST) Council meeting, chaired by Finance Minister Nirmala Sitharaman, approved a sweeping package of procedural and institutional reforms to strengthen India’s indirect tax regime. Key decisions include the operationalisation of the long-awaited Goods and Services Tax Appellate Tribunal (GSTAT), overhaul of refund mechanisms, simplified GST registration schemes, and legal […]

Citi banking push: Veteran Kaustubh Kulkarni to co-head Asia-Pacific coverage, to join in December

Citi has appointed banking veteran Kaustubh Kulkarni as co-head of its Investment Banking Coverage for Japan, Asia North and Australia, and Asia South, according to an internal memo seen by Reuters.Kulkarni, who will join in December subject to regulatory approvals, will be based in Singapore and serve alongside current head Jan Metzger. Both will report […]

Economy

Food and Land Use Coalition to organise Food Systems Summit in December

This year’s summit will focus on the production value chain, deep diving into practices and successful models of sustainable and regenerative agriculture.  The Food and Land Use Coalition (FOLU) will organise ‘Food Systems Summit India 2025: Marketplace for Ideas’ in New Delhi on December 16 and 17. The summit is a national platform for practitioners, […]