![Illustration about Economy: The [Reserve Bank of India (RBI)] has kept the repo rate unchanged at 5.25%, revised its FY27 growth forecast upwards to](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-08-06%2Frbi-holds-repo-rate-at-525-raises-fy27-growth-forecast-cuts-inflation-outlook-8d130352.png&w=1200&q=75)
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RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlook
The [Reserve Bank of India (RBI)] has kept the repo rate unchanged at 5.25%, revised its FY27 growth forecast upwards to 6.7%, and lowered its inflation expectation to 5%. The central bank highlighted the resilience of the Indian economy and announced key regulatory changes, including resuming licensing for urban cooperative banks and addressing uniform loan pricing.
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Nilekani to lead high-powered task force on exam reforms: Modi
The Prime Minister has constituted a high-powered task force, headed by Nandan Nilekani, to recommend reforms to make India's examination system leak-proof and technology-driven. This follows widespread protests over the [NEET] UG 2026 paper leak, the resignation of the former Education Minister, and the appointment of Pralhad Joshi as the new Union Minister of Education.
Read on The HinduDive Into Study Notes![Illustration about Social Issues: [NITI Aayog] has released a comprehensive report titled 'Reimagining Care: Strategies for Empowering Caregivers in Viksi](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-08-06%2Fniti-aayog-calls-for-national-caregiving-framework-social-security-for-caregivers-c39f0a17.png&w=1200&q=75)
Must ReadNITI Aayog calls for national caregiving framework, social security for caregivers
[NITI Aayog] has released a comprehensive report titled 'Reimagining Care: Strategies for Empowering Caregivers in Viksit Bharat @2047', outlining a national framework to support and formalize the caregiving economy. The report emphasizes the need to recognize caregivers as part of the unorganized workforce, expand their social security benefits, and promote entrepreneurship in the sector.
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Must ReadIndia-Sri Lanka focus on infrastructure projects; updating FTA to boost Comprehensive Partnership
The Indian Foreign Secretary's recent visit to Sri Lanka underscored a deepening bilateral relationship, focusing on updating their Free Trade Agreement (FTA), accelerating infrastructure and energy projects, and implementing capacity-building initiatives. The visit highlighted ongoing financial assistance through Lines of Credit and grants for reconstruction, disaster management, and connectivity projects, alongside security assurances from the Sri Lankan leadership.
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Must ReadGovt drafts customs playbook for 100 imports to streamline FTA benefits
The Indian government is drafting standard operating procedures (SOPs) for the customs clearance of 100 specific import items to ensure smoother utilisation of Free Trade Agreement (FTA) benefits. This reform is part of the broader **Faceless Assessment** initiative to improve transparency, reduce delays, and standardise decisions across different customs jurisdictions, addressing long-standing industry complaints about inconsistent valuations and excessive queries.
Read on Economic TimesDive Into Study NotesGovt mandates exporter registration for FDI-backed ecommerce inventory exports
The [Ministry of Commerce and Industry] has notified regulations for Foreign Direct Investment (FDI) in inventory-based e-commerce, exclusively permitting it for export purposes. The framework introduces the concept of an Exporter of Record (EOR), which must be a distinct legal entity registered with the [Directorate General of Foreign Trade (DGFT)].
ImportantIndia’s cancer focus must shift to early detection
An op-ed highlights the pressing need for India's cancer strategy to pivot from tertiary care (advanced treatment) to early detection and prevention. With over 70% of cancer cases in India diagnosed at advanced stages, the disease burden is high, leading to significant catastrophic healthcare expenditure and poor survival rates compared to developed nations.
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Must ReadIndia's big billion-dollar trade deals are done. Now comes the real test
India has recently signed several free trade agreements (FTAs), shifting its trade strategy towards deeper integration with global value chains. However, trade experts caution that securing market access is only the first step; the real challenge lies in enhancing the competitiveness, scale, and compliance capabilities of Indian exporters, particularly MSMEs, to fully utilize these agreements and navigate emerging non-tariff barriers like the EU's Carbon Border Adjustment Mechanism (CBAM).
Read on Economic TimesDive Into Study Notes![Illustration about Science & Technology: According to the latest data from the [Department of Science and Technology], private industry in India accounted for 51](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-08-06%2Fquantum-shift-on-private-industry-and-national-research-spending-360e0f0d.png&w=1200&q=75)
Must ReadQuantum shift: On private industry and national research spending
According to the latest data from the [Department of Science and Technology], private industry in India accounted for 51.8% of national research spending in 2023-24, surpassing government spending for the first time. However, this surge is attributed partly to better measurement of existing spending due to stricter reporting norms, highlighting structural issues in India's research ecosystem compared to global leaders.
Read on The HinduDive Into Study Notes![Illustration about Economy: The [Goods and Services Tax] (GST) collections for July reached ₹2.11 lakh crore, showing a 15.4% year-on-year growth. W](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-08-06%2Fhighs-and-lows-on-gst-metrics-b327cb05.png&w=1200&q=75)
Must ReadHighs and lows: On GST metrics
The [Goods and Services Tax] (GST) collections for July reached ₹2.11 lakh crore, showing a 15.4% year-on-year growth. While this initially appears as a sign of economic resilience, a deeper analysis reveals that the growth is largely driven by external factors like inflation and import taxation, rather than broad-based domestic economic expansion.
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