The Maha Kumbh Mela 2025 in Prayagraj is expected to attract 40-45 crore attendees, driving significant economic activity. The RBI’s Monetary Policy Committee cut the repo rate by 25 basis points to 6.25% on 7th February 2025, in response to softening inflation and low GDP growth. The cash reserve ratio remains unchanged at 4%. Indian stock markets saw increased volatility in January 2025, with the BSE Sensex and Nifty 50 both closing lower by 0.82% and 0.58%, respectively.
Key M&A and PE deals includes of Alkem Laboratories acquired Adroit Biomed and Bombay Ortho Industries to diversify its portfolio in dermatology, cosmetology, and orthopedic sectors. Investment firm PAG acquired a majority stake in Pravesha Industries for $200 million, targeting India’s growing pharmaceutical packaging sector driven by strong export demand. To read more, click here.
