Mumbai, June 5 (IANS) The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased.
New Delhi, June 5 (IANS) Shares of Rajesh Exports tumbled 5 per cent for the second straight session on Friday, hitting lower circuit limits after capital markets regulator Securities and Exchange Board of India (SEBI) barred the company’s promoter and CEO, Rajesh Mehta from dealing in the company’s securities over alleged financial irregularities.
Mumbai, June 5 (IANS) The Reserve Bank of India (RBI) on Friday projected real GDP growth for 2026-27 at 6.6 per cent -- with Q1 at 6.6 per cent; Q2 at 6.3 per cent; Q3 at 6.5 per cent; and Q4 at 6.8 per cent -- saying that prolonged global supply chain disruptions, volatility in global financial markets, and weather-related shocks continue to pose downside risks to the domestic growth outlook.
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.
