Economy remains resilient amid steady domestic demand: RBI Governor

IANS | August 5, 2026 10:44 AM

New Delhi, Aug 5 (IANS) The Indian economy has remained resilient amid persisting global headwinds, RBI Governor Sanjay Malhotra said on Wednesday, adding that high frequency indicators available so far point towards steady domestic demand in Q1 2026-27.

RBI projects GDP growth at 6.7 pc for FY27 as India remains fastest-growing economy

IANS | August 5, 2026 10:24 AM

New Delhi, Aug 5 (IANS) Terming India as the fastest-growing economy amid persistent global uncertainties, the Reserve Bank of India (RBI) on Wednesday projected real GDP growth at 6.7 per cent for FY27, 10 bps higher than its previous projection of 6.6 per cent in the prevision Monetary Policy Committee (MPC) meeting.

RBI to announce MPC decision today; rates likely to remain unchanged

IANS | August 5, 2026 9:25 AM

Mumbai, Aug 5 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the outcome of the Monetary Policy Committee's (MPC) three-day meeting on Wednesday, with economists and market participants widely expecting the central bank to keep the benchmark repo rate unchanged at 5.25 per cent.

TVK govt's maiden budget today; new schemes, reforms in focus

IANS | August 5, 2026 8:25 AM

Chennai, Aug 5 (IANS) The TVK-led Tamil Nadu government will present its maiden Budget for 2026-27 in the Assembly on Wednesday, setting out its fiscal priorities and development agenda at a time when the state is grappling with significant financial constraints.

DGCA launches probe after Air India Phuket-Delhi flight suffers mid-air altitude variation

IANS | August 4, 2026 8:23 PM

New Delhi, Aug 4 (IANS) The Directorate General of Civil Aviation (DGCA) has launched a detailed investigation after an Air India flight from Phuket to Delhi experienced a momentary altitude variation during its journey on Tuesday, prompting medical evaluation of several passengers and crew after the aircraft landed safely in the national capital.

Govt likely to question Meta Executives on CSAM, WhatsApp usernames

IANS | August 4, 2026 6:15 PM

New Delhi, Aug 4 (IANS) The Centre is expected to meet senior executives from Meta on August 5 to seek explanations on a range of concerns, including the handling of child sexual abuse material (CSAM), risks associated with WhatsApp usernames, and the treatment of verified and prominent accounts across its platforms, it was announced on Tuesday.

Bangladesh sees 37 pc drop in foreign loan commitments in FY26

IANS | August 4, 2026 6:09 PM

New Delhi, Aug 4 (IANS) Bangladesh recorded a 37 per cent fall in foreign loan commitments in FY26, eroding one of the country’s traditional buffers against external shocks and raising questions about future development financing, a new report has said.