Mumbai, June 5 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists.
New Delhi, June 5 (IANS) The government is set to release India’s January-March quarter GDP figures for FY26 along with the full-year growth numbers on Friday, with economists expecting the economy to expand at a slower pace than earlier estimates amid global uncertainties and external risks.
New Delhi, June 5 (IANS) In a significant development, seasoned economist Neelkanth Mishra has been appointed as India's Executive Director at the World Bank. The appointment, approved by the Appointments Committee of the Cabinet (ACC), will be for a tenure of three years at the World Bank headquarters in Washington, DC.
New Delhi, June 5 (IANS) Indian equity markets traded higher in the morning session on Friday ahead of a key central bank policy decision as investors awaited cues on how the central bank plans to address inflation and currency pressures amid elevated energy prices driven by geopolitical tensions in West Asia.
New Delhi, June 5 (IANS) The Reserve Bank of India is set to announce its monetary policy decision on Friday after the three-day Monetary Policy Committee meeting -- chaired by Governor Sanjay Malhotra -- with experts widely expecting the repo rate to remain unchanged amid geopolitical tensions and rising crude oil prices.
Washington, June 5 (IANS) US President Donald Trump has said the United States and India are moving towards a trade agreement, while describing Prime Minister Narendra Modi as a “good friend” and signalling confidence that the two countries will reach a deal.
New Delhi, June 4 (IANS) Union Minister for New and Renewable Energy, Pralhad Joshi, said on Thursday that the PM Surya Ghar: Muft Bijli Yojana has already crossed 40 lakh beneficiary households within two years and is expected to surpass the 75 lakh households mark by December 2026.
New Delhi, June 4 (IANS) The Reserve Bank of India (RBI) has issued a compounding order, under Section 15 of the Foreign Exchange Management Act, 1999 (FEMA), in the case of M/s Myntra Designs Private Limited, which has resulted in the termination of investigation against the company for alleged contraventions of the provisions of FEMA, with a fine of Rs 2.88 lakh, according to a statement issued by the Directorate of Enforcement (ED) on Thursday.
New Delhi, June 4 (IANS) With the conflict still raging in the Middle East, India is among the most exposed major economies with a heavy dependence on Persian Gulf oil and gas supplies as well as fertilisers.
Pune/New Delhi, June 4 (IANS) Amid reports surrounding a former employee's allegations of religious harassment and forced resignation, IT major Wipro on Thursday said it has shared all relevant documents with the Pune Police and is fully cooperating with the ongoing probe into the matter.
