New Delhi, Feb 3 (IANS) The reduction of US tariffs on India effectively takes India’s rate below most ASEAN peers and puts it at an advantageous position compared to China, a report showed on Tuesday.US President Donald Trump announced that the US and India had agreed on a trade deal, under which reciprocal tariffs on India will be lowered to 18 per cent from 25 per cent earlier.There was no explicit mention of how the additional punitive tariff of 25 per cent (due to Russian oil purchases) w…
Latest DBS Bank News & Updates
New Delhi, Feb 2 (IANS) The Reserve Bank of India (RBI) is set to hold its monetary policy committee (MPC) meeting from February 4-6 and according to economists, the MPC is expected to vote for a pause on a policy rate cut, while the central bank undertakes direct measures to tackle liquidity, bond stability and currency-related risks.The Central Bank has already lowered the repo rate by 125 basis points since February 2025 to 5.25 per cent.“With the government remaining on course its fiscal c…
New Delhi, Jan 30 (IANS) As India gears up to table the Union Budget 2026-27 in Parliament on February 1, investors are likely to be focused on the debt metrics, deficit outcome and scheduled borrowings for the next year Budget to align with strategic objectives, a report showed on Friday.The size of borrowings will be an important consideration for the bond markets, said a note by DBS Bank.“Given our underlying math and deficit target, we expect FY27 net borrowings to rise to Rs 12 lakh crore…
New Delhi, Jan 27 (IANS) India’s GDP growth is forecasted at 6.5 per cent in 2026 and 6.4 per cent in 2027, keeping it among the fastest‑growing major economies, a report said on Tuesday.The report from DBS Bank said that CPI inflation is expected to rise from 2.2 per cent in 2025 to 3.5 per cent in 2026 and 4.5 per cent in 2027, indicating gradual price normalisation.It stated that the Reserve Bank of India is expected to keep policy rate steady at 5.25 per cent through 2026 and 2027, signa…
New Delhi, Jan 22 (IANS) The overnight signs of a climbdown in Greenland-related tensions will provide relief to market sentiments and rupee volatility is likely to persist in the near term but depreciation is expected to be more gradual than the recent sharp moves, a report showed on Thursday.The rupee rebounded from its all-time low levels to gain 15 paise at 91.50 against the US dollar in early trade on Thursday.According to Radhika Rao, Executive Director and Senior Economist at DBS Bank, th…
New Delhi, Jan 12 (IANS) The increase in India’s rural demand, reflected in figures such as the surge in two-wheeler sales, spells good news for India’s $4.2 trillion economy, which in 2025 passed Japan to emerge as the world’s fourth-largest, media reports said. An article in Singapore’s The Straits Times cites a National Bank for Agriculture and Rural Development (NABARD) survey, which found that 42.2 per cent of rural households saw their incomes grow in 2025, with about 80 per cent o…