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Founder, Nidhatri Infinite Capital
What happened. The IMF's October 2026 World Economic Outlook projected world growth of 3.1% in 2026, down from 3.5% in 2025, citing a war-induced energy supply shock, and raised India's 2026…
Read moreWhat happened. On 7 October 2026 the Monetary Policy Committee raised the repo rate from 5.25% to 5.50%, its first increase since February 2023, changed its stance to calibrated tightening,…
Read moreWhat happened. On 16 September 2026 the Federal Open Market Committee unanimously raised the target range by 25 basis points to 3.75-4.00%, with Chair Warsh saying inflation had been too hig…
Read moreWhat happened. MoSPI reported on 31 August 2026 that real GDP grew 7.8% in Q1 FY2026-27, ahead of the RBI's estimate of about 7%. Why it matters for investors. Strong growth despite higher e…
Read moreWhat happened. On 5 August 2026 the Monetary Policy Committee unanimously left the repo rate at 5.25% with a neutral stance, raised its FY27 GDP forecast to 6.7% and trimmed its inflation fo…
Read moreWhat happened. On 29 July 2026 the Federal Open Market Committee voted 9-3 to keep the target range at 3.50-3.75%; Beth Hammack, Neel Kashkari and Lorie Logan dissented in favour of a quarte…
Read moreWhat happened. On 23 July 2026 the European Central Bank kept its deposit facility rate at 2.25%, with euro-area inflation having eased to 2.8% in June from 3.2% in May, while keeping a seco…
Read moreWhat happened. Consumer price inflation for June 2026, released on 13 July, was 4.38%, with food inflation at about 5.3%, the first time headline inflation exceeded 4% under the new CPI seri…
Read moreWhat happened. On 17 June 2026 the Federal Reserve left the target range at 3.50-3.75% at its first meeting under Chair Kevin Warsh; the median projection for the end-2026 policy rate rose t…
Read moreWhat happened. On 16 June 2026 the Bank of Japan raised its policy rate by 25 basis points to 1.0% in a 7-1 vote, citing energy-driven price pass-through and inflation above its 2% target. W…
Read moreWhat happened. On 11 June 2026 the European Central Bank raised its deposit facility rate by 25 basis points to 2.25%, citing higher inflation linked to the energy-price shock. Why it matter…
Read moreWhat happened. MoSPI's provisional estimates released on 5 June 2026 showed real GDP growth of 7.7% for FY2025-26 against 7.1% in FY2024-25, and 7.8% in the fourth quarter. Why it matters fo…
Read moreWhat happened. On 5 June 2026 the Monetary Policy Committee left the repo rate at 5.25% with a neutral stance and projected FY27 real GDP growth of 6.6% and CPI inflation of 5.1%, citing hig…
Read moreWhat happened. Gross GST collections for April 2026, announced on 1 May, were a record of about Rs 2.42-2.43 lakh crore, up about 8.7% on a year earlier. Why it matters for investors. April…
Read moreWhat happened. On 29 April 2026 the Federal Reserve kept the target range at 3.50-3.75%; Stephen Miran voted for a cut and Beth Hammack, Neel Kashkari and Lorie Logan objected to the stateme…
Read moreWhat happened. On 14 April 2026 the India Meteorological Department forecast a below-normal southwest monsoon at about 92% of the long-period average, the first below-normal forecast in thre…
Read moreWhat happened. On 8 April 2026 the Monetary Policy Committee voted unanimously to keep the repo rate at 5.25% with a neutral stance, projecting FY27 GDP growth of 6.9% and CPI inflation of 4…
Read moreWhat happened. On 7-8 April 2026 a two-week US-Iran ceasefire was announced; Brent crude fell sharply below US$100 and global equities rose. Why it matters for investors. The reaction illust…
Read moreWhat happened. On 18 March 2026 the Federal Reserve kept the target range at 3.50-3.75% and its projections showed one rate cut in 2026 amid higher oil prices. Why it matters for investors.…
Read moreWhat happened. Military action by the US and Israel against Iran began on 28 February 2026, disrupting shipping through the Strait of Hormuz and some Gulf energy exports; Brent crude rose ab…
Read moreWhat happened. On 27 February 2026 MoSPI released December-quarter GDP data and first advance estimates for FY26 on a revised 2022-23 base, reporting 7.8% growth for the quarter. Why it matt…
Read moreWhat happened. On 20 February 2026 the US Supreme Court held that the International Emergency Economic Powers Act does not authorise the President to impose tariffs; the administration then…
Read moreWhat happened. On 2 February 2026 US President Donald Trump announced a trade deal with India that lowered the reciprocal tariff on Indian goods to 18%, followed by a framework for an interi…
Read moreWhat happened. On 6 February 2026 the Monetary Policy Committee left the repo rate unchanged at 5.25% with a neutral stance and deferred its FY27 growth and inflation forecasts to the April…
Read moreWhat happened. The Budget presented on 1 February 2026 set the FY27 fiscal deficit target at 4.3% of GDP and raised the capital-expenditure outlay to about Rs 12.2 lakh crore. Why it matters…
Read moreWhat happened. On 28 January 2026 the Federal Open Market Committee kept the federal funds target range unchanged at 3.50-3.75% after three cuts in late 2025. Why it matters for investors. T…
Read moreWhat happened. On 27 January 2026 India and the European Union announced the conclusion of negotiations for a free trade agreement covering tariff reductions across a large share of goods tr…
Read moreWhat happened. On 10 December 2025 the Federal Open Market Committee cut the federal funds target range by 25 basis points to 3.50-3.75%, its third consecutive cut, with more than one member…
Read moreWhat happened. On 5 December 2025 the Monetary Policy Committee cut the repo rate by 25 basis points to 5.25%, bringing total reductions during 2025 to 125 basis points, with a neutral stanc…
Read moreWhat happened. The Ministry of Statistics reported on 28 November 2025 that real GDP grew 8.2% in Q2 FY2025-26, a six-quarter high, supported by manufacturing and services. Why it matters fo…
Read moreWhat happened. On 27 November 2025 the Nifty 50 closed at a record above 26,290, surpassing its September 2024 peak, and the Sensex crossed 86,000 shortly after, helped by foreign buying, ex…
Read moreWhat happened. The US government shutdown that began on 1 October 2025 ended on 12 November when a funding bill was signed, after 43 days, the longest in US history; some economic data relea…
Read moreWhat happened. On 29 October 2025 the Federal Reserve cut the target range by 25 basis points to 3.75-4.00% and said it would stop reducing its securities holdings from 1 December 2025. Why…
Read moreWhat happened. On 1 October 2025 the Monetary Policy Committee left the repo rate unchanged at 5.50%, retained a neutral stance and raised its real GDP growth projection for 2025-26 to 6.8%.…
Read moreWhat happened. On 17 September 2025 the Federal Open Market Committee cut the federal funds target range by 25 basis points to 4.00-4.25%, citing a weaker labour market, with one member diss…
Read moreWhat happened. On 3 September 2025 the GST Council approved a move to two main rates of 5% and 18%, with a 40% rate for specified luxury and sin goods, to take effect on 22 September 2025, w…
Read moreWhat happened. In his 22 August 2025 Jackson Hole speech Fed Chair Jerome Powell said the shifting balance of risks, with a softer labour market and tariff-related price pressures, may warra…
Read moreWhat happened. On 6 August 2025 the US announced an additional 25% tariff on Indian goods linked to India's purchases of Russian oil, taking the total to 50% once it took effect on 27 August…
Read moreWhat happened. India and the UK signed the Comprehensive Economic and Trade Agreement on 24 July 2025, covering tariff reductions on goods, services market access and a social-security contr…
Read moreWhat happened. President Trump signed the One Big Beautiful Bill Act on 4 July 2025, extending 2017 tax cuts and changing spending programmes; the Congressional Budget Office estimated it wo…
Read moreWhat happened. Israel struck Iran on 13 June 2025, the US struck Iranian nuclear sites on 22 June and a ceasefire took effect on 24 June; crude oil prices spiked and then fell back when the…
Read moreWhat happened. On 6 June 2025 the Monetary Policy Committee cut the repo rate by 50 basis points to 5.50%, changed its stance to neutral, and the RBI announced a 100 basis point reduction in…
Read moreWhat happened. On 12 May 2025, after talks in Geneva, the US and China agreed to reduce tariffs sharply for 90 days, with US duties on Chinese goods falling from 145% to 30% and Chinese duti…
Read moreIndia’s defence sector is in the spotlight like never before. With rising geopolitical tensions and a strong government push toward self-reliance through the Atmanirbhar Bharat mission, the…
Read moreWhat happened. After a ceasefire between India and Pakistan was announced on 10 May 2025 following several days of military exchanges, the Sensex rose by nearly 3,000 points on 12 May, one o…
Read moreWhat happened. On 9 April 2025 the Monetary Policy Committee reduced the repo rate by 25 basis points to 6.00% for the second consecutive meeting and changed its stance from neutral to accom…
Read moreWhat happened. On 2 April 2025 the US announced reciprocal tariffs on most trading partners, triggering a steep fall in global equities; on 9 April most of the higher country-specific rates…
Read moreWhat happened. On 18 March 2025 the Bundestag approved changes to Germany's constitutional debt brake and created a Euro 500 billion infrastructure fund, allowing defence spending above 1% o…
Read moreWhat happened. The National Statistical Office reported on 28 February 2025 that real GDP grew 6.2% in Q3 FY2024-25, up from 5.4% in the previous quarter, and revised its FY25 estimate to 6.…
Read moreWhat happened. On 7 February 2025 the Monetary Policy Committee, under new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, the first reduction since May 2020, while…
Read moreWhat happened. On 1 February 2025 the US announced 25% tariffs on imports from Canada and Mexico and 10% on China; the Canada and Mexico measures were paused for 30 days, while the China tar…
Read moreWhat happened. The Budget on 1 February 2025 made income up to Rs 12 lakh effectively tax-free for resident individuals under the new regime through a rebate, set the FY26 fiscal deficit at…
Read moreIn a landmark move aimed at bolstering the insurance sector and attracting foreign investments, Finance Minister Nirmala Sitharaman has announced an increase in the foreign direct investment…
Read moreWhat happened. On 27 January 2025 shares of US technology and chipmaker companies fell after Chinese start-up DeepSeek released an AI model reported to be developed at much lower cost; Nvidi…
Read moreWhat happened. The Indian rupee weakened past 86 per US dollar on 10 January 2025 for the first time, and set further record lows over the following days, amid a strong dollar, higher US yie…
Read moreWhat happened. On 18 December 2024 the Federal Reserve lowered the target range to 4.25-4.50%, its third consecutive cut, and projected only two cuts in 2025 compared with four previously. W…
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Investing in the stock market often feels like solving a jigsaw puzzle, where each stock is a unique piece with its dynamics and potential. Among the plethora of stocks, Eveready Industries…
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What happened. On 6 December 2024 the Monetary Policy Committee kept the repo rate at 6.50% but the RBI reduced the CRR by 50 basis points to 4.0%, releasing about Rs 1.16 lakh crore of liqu…
Read moreWhat happened. The National Statistical Office reported on 29 November 2024 that GDP grew 5.4% in Q2 FY2024-25, the lowest in seven quarters, with manufacturing growth weak and government sp…
Read moreWhat happened. On 20 November 2024 prosecutors in the Eastern District of New York unsealed an indictment alleging securities fraud and bribery schemes involving Gautam Adani and others; the…
Read moreWhat happened. Donald Trump was declared the winner of the US presidential election on 6 November 2024; the US dollar and Treasury yields rose and equities rallied, and the Fed cut rates by…
Read moreWhat happened. On 17 October 2024 the European Central Bank cut its deposit facility rate by 25 basis points to 3.25%, its third cut of the cycle, as inflation moved towards the 2% target an…
Read moreWhat happened. On 9 October 2024 the Monetary Policy Committee voted to hold the repo rate at 6.50% and changed its stance from withdrawal of accommodation to neutral. Why it matters for inv…
Read moreWhat happened. In the second half of September 2024 the Nifty 50 crossed 26,000 and the Sensex crossed 85,000 for the first time, following the Fed rate cut and strong domestic inflows. Why…
Read moreWhat happened. On 18 September 2024 the Federal Open Market Committee lowered the target range by 50 basis points to 4.75-5.00%, its first rate reduction since March 2020. Why it matters for…
Read moreWhat happened. On 8 August 2024 the Monetary Policy Committee kept the repo rate at 6.50% for the ninth consecutive time, maintained its GDP forecast for FY25 at 7.2% and said food prices we…
Read moreWhat happened. On 5 August 2024 Japan's Nikkei 225 fell about 12%, its largest one-day drop since 1987, after a Bank of Japan rate rise and weak US jobs data triggered an unwinding of yen ca…
Read moreWhat happened. The Budget on 23 July 2024 raised short-term capital gains tax on listed equity to 20% and long-term gains to 12.5% with an exemption limit of Rs 1.25 lakh, withdrew indexatio…
Read moreWhat happened. The US Bureau of Labor Statistics reported on 11 July 2024 that consumer prices rose 3.0% year on year in June, with a monthly decline, and the Russell 2000 small-cap index ro…
Read moreWhat happened. On 6 June 2024 the European Central Bank lowered its deposit facility rate by 25 basis points to 3.75%, becoming the first major central bank in the G7 to start easing in the…
Read moreWhat happened. On 4 June 2024, when Lok Sabha results showed the BJP short of a single-party majority, the Sensex fell by about 4,390 points, its sharpest one-day decline since March 2020, a…
Read moreWhat happened. On 22 May 2024 the RBI board approved the transfer of Rs 2,10,874 crore as surplus for FY2023-24 to the central government, more than double the previous year's amount. Why it…
Read moreWhat happened. On 1 May 2024 the Federal Open Market Committee kept the target range at 5.25-5.50% and announced that from 1 June it would reduce the monthly cap on Treasury securities run-o…
Read moreWhat happened. On the night of 13-14 April 2024 Iran launched drones and missiles at Israel in retaliation for a strike on its consulate in Damascus; Israel and allies intercepted most of th…
Read moreWhat happened. On 5 April 2024 the Monetary Policy Committee left the repo rate unchanged for the seventh consecutive meeting, projected FY25 GDP growth at 7.0% and CPI inflation at 4.5%. Wh…
Read moreWhat happened. From 28 March 2024 SEBI allowed an optional T+0 rolling settlement cycle, in addition to the T+1 cycle, for a limited set of 25 stocks and select brokers, on a beta basis. Why…
Read moreWhat happened. On 19 March 2024 the Bank of Japan raised its policy rate to a range of 0-0.1%, ending eight years of negative rates and its yield-curve control policy, in its first rate incr…
Read moreWhat happened. On 22 February 2024 the Nikkei 225 closed above its December 1989 peak of 38,915, about 34 years after the bubble-era high, supported by corporate governance reforms, a weak y…
Read moreWhat happened. On 1 February 2024 the interim Budget set the FY25 fiscal deficit target at 5.1% of GDP, raised the capital expenditure outlay by about 11% to Rs 11.11 lakh crore and made no…
Read moreWhat happened. Total market capitalisation of BSE-listed companies crossed US$4 trillion on 22 January 2024, with India becoming the fourth-largest equity market by value, ahead of Hong Kong…
Read moreWhat happened. On 10 January 2024 the US Securities and Exchange Commission approved the listing and trading of several spot bitcoin exchange-traded products, after years of rejections. Why…
Read moreWhat happened. After its 12-13 December 2023 meeting the Federal Reserve kept the target range at 5.25-5.50% and its median projection showed three rate cuts in 2024, with Chair Powell sayin…
Read moreWhat happened. Benchmark indices reached record highs on 4 December 2023 after results of assembly elections in four states, and the Nifty 50 crossed 20,800 for the first time. Why it matter…
Read moreWhat happened. On 16 November 2023 the RBI increased risk weights by 25 percentage points on consumer credit exposures of banks and NBFCs, including personal loans and credit cards, and on b…
Read moreWhat happened. The Federal Open Market Committee kept its target range unchanged on 1 November 2023 and said it would continue to assess additional information on tightening and its implicat…
Read moreWhat happened. After the attack on southern Israel on 7 October 2023 and the start of the war in Gaza, oil prices rose sharply in the days that followed and global markets saw a flight to sa…
Read moreWhat happened. On 6 October 2023 the Monetary Policy Committee left the repo rate unchanged and retained its stance of withdrawal of accommodation, while the RBI said it would conduct open m…
Read moreWhat happened. On 20 September 2023 the Federal Reserve kept the target range at 5.25-5.50% but its projections showed only two rate cuts in 2024 instead of four, and a higher long-run rate.…
Read moreWhat happened. The G20 Leaders' Summit was held in New Delhi on 9-10 September 2023 under India's presidency; leaders adopted a declaration by consensus and welcomed the African Union as a p…
Read moreWhat happened. On 10 August 2023 the Monetary Policy Committee voted to hold the repo rate, and the RBI raised its FY24 inflation projection to 5.4% on higher vegetable prices. Why it matter…
Read moreWhat happened. On 1 August 2023 Fitch Ratings lowered the long-term US sovereign rating from AAA to AA+, citing fiscal deterioration, repeated debt-ceiling standoffs and governance concerns.…
Read moreWhat happened. On 26 July 2023 the Federal Open Market Committee raised its target range by 25 basis points to 5.25-5.50%, resuming increases after the June pause. Why it matters for investo…
Read moreWhat happened. The merger of HDFC Ltd into HDFC Bank became effective on 1 July 2023, creating one of the world's largest banks by market capitalisation, with HDFC Ltd shareholders receiving…
Read moreWhat happened. After its 13-14 June 2023 meeting the Federal Reserve left the target range at 5.00-5.25%, ending a run of ten consecutive increases, while projections showed two more increas…
Read moreWhat happened. On 8 June 2023 the Monetary Policy Committee kept the repo rate at 6.50% for a second straight meeting, and lowered its FY24 CPI inflation forecast to 5.1% while retaining its…
Read moreWhat happened. On 19 May 2023 the RBI announced it would withdraw Rs 2,000 notes under its clean note policy; they remained legal tender, and could be deposited or exchanged until 30 Septemb…
Read moreWhat happened. On 3 May 2023 the Federal Reserve raised its target range by 25 basis points to 5.00-5.25%, and removed language saying that some additional policy firming may be appropriate.…
Read moreWhat happened. On 6 April 2023 the Monetary Policy Committee unexpectedly kept the repo rate unchanged at 6.50% after six consecutive increases, while saying it remained ready to act if need…
Read moreWhat happened. On 2 April 2023 several OPEC+ members, including Saudi Arabia, announced voluntary production cuts of about 1.16 million barrels per day from May to the end of 2023, and crude…
Read moreWhat happened. The Finance Bill 2023, passed on 24 March 2023 with an amendment, taxes gains on specified mutual funds with less than 35% in domestic equity as short-term capital gains at sl…
Read moreWhat happened. On 19 March 2023 UBS agreed to acquire Credit Suisse for about CHF 3 billion in a deal brokered by Swiss authorities; about CHF 16 billion of Credit Suisse additional tier 1 b…
Read moreWhat happened. Silicon Valley Bank was closed by California regulators and taken over by the FDIC on 10 March 2023 after a run on deposits triggered by losses on its bond portfolio; Signatur…
Read moreWhat happened. On 8 February 2023 the Monetary Policy Committee raised the repo rate by 25 basis points to 6.50%, the sixth increase in the cycle, and retained the focus on withdrawal of acc…
Read moreWhat happened. On 1 February 2023 the Federal Open Market Committee raised the target range by 25 basis points, a slower pace than in previous meetings, and said ongoing increases would be a…
Read moreWhat happened. The Budget on 1 February 2023 raised the rebate limit under the new income-tax regime to Rs 7 lakh, made the new regime the default, set capital expenditure at Rs 10 lakh cror…
Read moreWhat happened. On 24 January 2023 US short-seller Hindenburg Research published a report alleging stock manipulation and accounting issues at the Adani Group; the group denied the claims and…
Read moreWhat happened. From 8 January 2023 China dropped mandatory quarantine for inbound travellers and downgraded COVID-19 management, ending most of its zero-COVID border controls after three yea…
Read moreWhat happened. On 14 December 2022 the Federal Reserve raised its target range by 50 basis points to 4.25-4.50%, after four increases of 75 bps, and projected a median peak rate of 5.1% in 2…
Read moreWhat happened. On 7 December 2022 the Monetary Policy Committee raised the repo rate by 35 basis points to 6.25%, slowing the pace of increases from 50 bps. Why it matters for investors. The…
Read moreWhat happened. The US Bureau of Labor Statistics reported on 10 November 2022 that consumer prices rose 7.7% year on year in October, below forecasts, and global equities and bonds rallied s…
Read moreWhat happened. On 3 November 2022 the RBI Monetary Policy Committee met off-cycle to discuss a report to the government explaining why inflation had stayed above the 6% upper band for three…
Read moreWhat happened. On 5 October 2022 OPEC+ ministers announced a cut of 2 million barrels per day in production quotas starting in November, in a move seen as a signal of support for prices. Why…
Read moreWhat happened. On 30 September 2022 the RBI Monetary Policy Committee raised the repo rate by 50 basis points to 5.90%, its fourth consecutive increase, and lowered the FY23 GDP projection t…
Read moreWhat happened. After the UK government announced large unfunded tax cuts on 23 September 2022, gilt yields spiked, sterling fell to a record low near US$1.04 and the Bank of England announce…
Read moreWhat happened. The NSO reported on 31 August 2022 that real GDP grew 13.5% in Q1 FY2022-23, mostly reflecting the low base from the second COVID wave a year earlier. Why it matters for inves…
Read moreWhat happened. At Jackson Hole on 26 August 2022, Fed Chair Jerome Powell said restoring price stability would likely require a sustained period of below-trend growth and could bring some pa…
Read moreWhat happened. On 5 August 2022 the Monetary Policy Committee raised the repo rate by 50 basis points to 5.40%, taking it above its pre-pandemic level of 5.15%. Why it matters for investors.…
Read moreWhat happened. On 21 July 2022 the European Central Bank raised its three key rates by 50 basis points, ending the era of negative rates, and introduced the Transmission Protection Instrumen…
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