RBI to cut policy repo rate by 25 bp on Dec 5: HSBC

IANS | December 1, 2025 11:55 AM

New Delhi, Dec 1 (IANS) Since inflation is set to remain well below target for the foreseeable future, HSBC Global Investment Research on Monday projected that the RBI will cut rates by 25 bp during its monetary policy committee (MPC) meeting on December 5 -- taking the policy repo rate to 5.25 per cent.

UPI transactions grow 32 pc in Nov as consumption remains robust

IANS | December 1, 2025 10:08 AM

New Delhi, Dec 1 (IANS) The unified payments interface (UPI) saw 32 per cent transaction count growth (year-on-year) at 20.47 billion in the month of November — along with registering 22 per cent annual growth in transaction amount at Rs 26.32 lakh crore, the National Payments Corporation of India (NPCI) data showed on Monday.