(Feb 6): The Reserve Bank of India (RBI) kept rates unchanged on Friday, with higher government spending and a surprise US trade deal boosting the outlook for economic growth. The government also boosted spending in its budget this week, helping to support the rupee and giving the RBI more room to calibrate policy. US tariff cuts have helped the rupee rebound from Asia’s worst performer in January to be the region’s top gainer so far this month. Consumer price growth has stayed below 2% for the last four months. The government predicts the economy could expand more than 7% in financial year starting April 1, compared with an estimated 7.4% growth for the current year.

Source: The Edge Markets February 06, 2026 05:05 UTC