RBI pegs real GDP growth at 6.6 pc for FY27, inflation at 5.1 pc amid global disruptions

IANS | June 5, 2026 10:48 AM

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.

RBI set to announce repo rate decision today; here’s what to expect

IANS | June 5, 2026 9:18 AM

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.

'We're going to make a deal': Trump on India-US trade agreement

IANS | June 5, 2026 8:17 AM

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.

NIA court convicts, sentences three in Punjab terror conspiracy case

IANS | June 5, 2026 2:07 AM

New Delhi, June 5 (IANS) A special National Investigation Agency (NIA) Court has convicted and sentenced three accused in a 2018 terror conspiracy case linked with the banned Ansar Ghazwat-ul-Hind (AGH) terrorist organisation, involving the seizure of weapons and explosive materials from an educational institute hostel room in Punjab's Jalandhar, central agency officials said.

India, Zimbabwe agree to enhance bilateral defence ties

IANS | June 5, 2026 12:47 AM

New Delhi, June 5 (IANS) India and Zimbabwe agreed to enhance bilateral defence ties by expanding existing cooperation in areas such as training, support and maintenance of common air assets, the Ministry of Defence said.