Rate cut to boost housing demand as home loans to get cheaper

IANS | December 5, 2025 10:51 AM

Mumbai, Dec 5 (IANS) The Reserve Bank of India’s decision to cut the repo rate by 25 basis points to 5.25 per cent is expected to give a strong push to housing demand, especially in the affordable and mid-income segments, as home loan EMIs are likely to come down in the coming weeks.

Export booster: Adani’s Dighi Port set to handle 2 lakh cars a year with Motherson partnership

IANS | December 5, 2025 10:37 AM

Ahmedabad, Dec 5 (IANS) In a significant step towards redefining automotive logistics in India, Motherson, through its joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Ltd (SAMRX), on Friday announced an agreement with Dighi Port Limited (DPL) -- a subsidiary of Adani Ports -- to establish a dedicated facility for auto exports at the Dighi Port in Maharashtra.

Rupee opens higher ahead of RBI policy; MCX gold slips

IANS | December 5, 2025 10:22 AM

Mumbai, Dec 5 (IANS) Gold prices on the Multi Commodity Exchange (MCX) slipped slightly in morning trade on Friday, as investors waited for the Reserve Bank of India’s (RBI) monetary policy decision.