Mumbai, Dec 5 (IANS) The Reserve Bank of India (RBI) on Friday raised its GDP growth forecast of the Indian economy to a robust 7.3 per cent for 2025-26 from 6.8 per cent earlier, on the back of an improved outlook driven by strong agricultural prospects, GST rate cuts continuing to play out, low inflation and strong balance sheets of corporates and banks.
New Delhi, Dec 5 (IANS) Amid the ongoing chaos at several airports across the country, triggered by IndiGo flights cancellations, the Leader of the Opposition (LoP) Rahul Gandhi trained guns at the Centre, holding it accountable for the unprecedented crisis. He said that chaos at airports is the consequence of Modi government's monopoly-driven economic model.
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.
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.
Mumbai, Dec 5 (IANS) RBI Governor Sanjay Malhotra announced on Friday that the monetary policy committee (MPC) meeting has unanimously decided to reduce the repo rate by 25 basis points to 5.25 per cent from 5.5 per cent earlier to spur growth in the economy.
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.
New Delhi, Dec 5 (IANS) India sees promising avenues for collaboration with Russia in consumer goods, food and agriculture, pharmaceuticals and medical supplies, telecom and electronics, industrial components, and the mobility of skilled talent, according to the government.
Mumbai, Dec 5 (IANS) Indian equity markets opened slightly lower on Friday, as investors awaited the Reserve Bank of India’s key interest rate decision.
New Delhi, Dec 5 (IANS) The government is closely monitoring IndiGo’s operational recovery and passenger support measures until full stability is achieved, according to the Ministry of Civil Aviation.
New Delhi, Dec 4 (IANS) S&P Global Ratings on Thursday raised Reliance Industries Ltd's (RIL) long-term issuer credit rating to 'A-' from 'BBB+', saying an expansion of more stable consumer businesses will improve the group's earnings and cash flow stability.
