News Headlines 6 December 2025: Read Today’s Banking, Finance, Economy, Business News
News Headlines 6 December 2025
New Policy Rates
| Policy Repo Rate | 5.25% |
|---|---|
| Standing Deposit Facility Rate | 5.00% |
| Marginal Standing Facility Rate | 5.50% |
| Bank Rate | 5.50% |
| Fixed Reverse Repo Rate | 3.35% |
| CRR | 3.00% |
| SLR | 18.00% |
| Base Rate | 8.35% – 10.00% |
|---|---|
| MCLR (Overnight) | 7.80% – 7.95% |
| Savings Deposit Rate | 2.50% |
| Term Deposit Rate > 1 Year | 5.85% – 6.60% |
RBI’s Repo Rate Cut Welcomed by Industry; Expected to Boost Growth, Exports and Affordable Credit
Industry bodies have welcomed the RBI’s 25 bps repo rate cut to 5.25%, calling it a timely step that will lower borrowing costs, support growth and make Indian exports more competitive. ASSOCHAM and FIEO said the move, announced amid strong GDP growth and low inflation, will ease credit for businesses, boost industrial expansion, strengthen MSMEs, drive demand in housing, automobiles and consumer goods, and reduce financial pressure on exporters. They urged banks to quickly pass on the benefits through cheaper lending and faster disbursals.
Indian Railways Expands AI System to Detect Elephants on Tracks and Prevent Train Collisions
Indian Railways has rolled out an AI-based intrusion detection system across parts of the Northeast Frontier Railway to spot elephants on tracks and prevent accidents. The technology sends real-time alerts to loco pilots and control rooms, helping safeguard wildlife. Tenders have also been issued to expand the system over another 981 route kilometres. Alongside this, Railways is testing AI for predictive signalling maintenance and has signed MoUs to deploy advanced machine vision tools for train inspection and wheel safety.
India’s FY26 GDP Growth Seen at 7.6%, Inflation Forecast Slashed: SBI Research
SBI Research expects India’s economy to maintain strong momentum, projecting over 7% GDP growth in Q3 and Q4 and a full-year FY26 expansion of 7.6%. This comes after robust growth of 7.8% and 8.2% in the first two quarters. The report cites GST rationalisation, festive demand, and strong rural consumption as key drivers.
Meanwhile, the RBI has sharply reduced its FY26 inflation estimate to 2.0% due to improved agricultural prospects, and also lowered FY27 early-quarter inflation projections. With inflation easing, the repo rate now stands at 5.25% after a 25 bps cut, while the RBI expects GDP growth of 7.3% for FY26. However, trade and tariff uncertainties remain risks to exports and external demand.
ED Attaches ₹10,117 Crore Worth of Reliance Group Assets in Bank Fraud Probe
The Enforcement Directorate has provisionally attached assets worth ₹10,117 crore belonging to Anil Ambani–led Reliance Group companies in ongoing investigations into alleged bank fraud. In its latest action, the ED seized over ₹1,120 crore in properties, bank deposits and unquoted investments linked to Reliance Home Finance, Reliance Commercial Finance and the Yes Bank fraud case.
The probe agency alleges multiple Reliance entities diverted thousands of crores in public funds for loan evergreening, routing money to connected parties and investments. The attachments include assets of Reliance Infrastructure, Reliance Power, and Reliance Value Service. The ED is also investigating based on CBI FIRs against RCom, Anil Ambani and others over suspected diversion of more than ₹13,600 crore.
RBI Cuts FY26 Inflation Forecast to 2% as Food Prices Fall, Core Inflation Eases
The RBI’s Monetary Policy Committee has sharply reduced its FY26 inflation forecast to 2% from 2.6%, citing a steep drop in food prices, improved crop conditions and the impact of recent GST cuts. Governor Sanjay Malhotra said inflation has eased more than expected, with core inflation also moderating and likely to stay anchored. With the softer outlook, the MPC also cut the repo rate by 25 bps to 5.25%, noting that both headline and core inflation should remain at or below the 4% target through the first half of FY27.
