Mumbai, Aug 6 (IANS) The RBI on Wednesday retained its forecast for India’s GDP growth at 6.5 per cent for FY 2025-26, despite global uncertainties, as it expects strong rural demand on the back of a good monsoon and robust government expenditure on big ticket infrastructure projects to propel growth.
Mumbai, Aug 6 (IANS) RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee has decided to keep the repo rate unchanged at 5.5 per cent, while sticking to the “neutral” monetary policy stance.
Mumbai, Aug 6 (IANS) The Indian equity benchmarks opened flat on Wednesday, ahead of the Reserve Bank of India (RBI) Monetary Policy Committee's decision. Sensex gained 64 points or 0.08 per cent at 80,774 while Nifty edged up 16 points or 0.07 per cent to 24,665.
New Delhi, Aug 6 (IANS) The government has denied reports suggesting that it has permitted private sector participation in the exploration and mining of atomic minerals such as uranium and thorium from the country’s offshore regions by notifying the Offshore Areas Atomic Minerals Rules, 2025.
Seoul, Aug 6 (IANS) SK Telecom, South Korea's leading wireless service provider, said on Wednesday its second-quarter net profit plunged 76.2 per cent from a year earlier due to the fallout from a massive data breach that affected its entire 25 million user base.
New Delhi, Aug 5 (IANS) After a gruelling around nine-hour interrogation regarding an alleged Rs 17,000-crore loan fraud case, Reliance Group Chairman Anil Ambani finally left the Enforcement Directorate (ED) headquarters here on Tuesday.
New Delhi, Aug 5 (ANS) While US President Donald Trump has labelled India as a "tariff king", the claim doesn't hold up against actual trade data and global comparisons with other nations.
Mumbai, Aug 5 (IANS) Britannia Industries on Tuesday reported a drop in its net profit for the June quarter (Q1 FY26), as the biscuit maker’s consolidated net profit stood at Rs 520 crore, down 6.98 per cent quarter-on-quarter (QoQ) from Rs 559.13 crore in the previous March quarter (Q4 FY25).
New Delhi, Aug 5 (IANS) The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, on Tuesday approved various proposals for buying military hardware at a total cost of about Rs 67,000 crore.
Mumbai, Aug 5 (IANS) Torrent Power Limited on Tuesday reported a 24.7 per cent drop in its net profit for the first quarter of the current financial year (Q1 FY26), posting Rs 731 crore compared to Rs 972 crore in the same period previous year (Q1 FY25).
