India News Insight

 Date: October 11, 2025 🌍 1. World Bank Lifts India’s Growth Forecast The World Bank has raised India’s FY26 growth forecast to 6.5%, citing strong domestic demand and robust capital expenditure . However, it warned that U.S. tariffs on Indian goods — especially textiles, engineering, and gems — could slow export growth across South Asia in 2026. > “India remains one of the fastest-growing major economies, but must stay alert to trade headwinds,” – World Bank Report 2025 .

  Overview India’s financial sector is witnessing strong activity this week — from the Reserve Bank’s new digital currency sandbox to major fundraising moves by banks and NBFCs. These developments highlight India’s growing strength in digital finance, global integration, and investor confidence. Key Financial Developments 💠 RBI Launches Retail CBDC Sandbox The Reserve Bank of India (RBI) has rolled out a retail digital currency sandbox to encourage innovation around the e-Rupee . Fintech startups can now build and test digital currency applications in a controlled environment — a big step toward integrating CBDC (Central Bank Digital Currency) into daily financial use. 🌐 Real-Time FX Settlement Coming to GIFT City The RBI and Gujarat International Finance Tec-City (GIFT City) are in advanced discussions to enable real-time foreign exchange settlements for domestic banks. This move will reduce transaction delays and boost global confidence in India’s international f...