RBI cuts repo rate by 25 bps to 5.25% amid rupee slump| Business News
The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, even as the monetary policy committee tries to balance…
RBI MPC Meeting: Key takeaways from RBI’s latest policy
The Reserve Bank of India on Friday reduced the repo rate by 25 basis points to 5.25%, ending its two-meeting pause and extending the monetary…
RBI MPC meet highlights: From India’s ‘goldilocks moment’ to rate cut, here’s what RBI governor Sanjay Malhotra said today
RBI Governor Sanjay Malhotra on Friday described the current macro-economic environment as a “rare Goldilocks moment for India”, with inflation at a benign 2.2% and…
India, Oman hold 14th Strategic Consultative Group meeting
The 14th round of India-Oman Strategic Consultative Group (IOSCG) meeting was held in Muscat, Oman, the Ministry of External Affairs said on Thursday. The meeting…
Formulations driving drug export growth: Pharmexcil chairman Namit Joshi
India’s pharmaceutical exports are poised to scale a new high of $32 billion despite sluggish growth in the US market and intense global scrutiny over…
Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…
Sberbank plans to go big in India, move rupee surplus into G-Secs
NEW DELHI: Russia’s Sberbank plans to step up its India presence, eyeing retail expansion in 10 cities and a new data centre to support its…
India, Russia eye trade boost with more diversified basket
New Delhi: India and Russia are looking to expand and diversify bilateral trade, targeting $100 billion by 2030. Both nations are also mulling ways to…
Fitch raises FY26 growth forecast to 7.4% from 6.9%
New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…
To become global reinsurance hub, GIFT City must offer global regularity clarity
Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…