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.

RBI issues compounding order for FEMA violations in Myntra case

IANS | June 4, 2026 7:49 PM

New Delhi, June 4 (IANS) The Reserve Bank of India (RBI) has issued a compounding order, under Section 15 of the Foreign Exchange Management Act, 1999 (FEMA), in the case of M/s Myntra Designs Private Limited, which has resulted in the termination of investigation against the company for alleged contraventions of the provisions of FEMA, with a fine of Rs 2.88 lakh, according to a statement issued by the Directorate of Enforcement (ED) on Thursday.

Pune Wipro employee case: Company says fully cooperating with ongoing probe

IANS | June 4, 2026 6:26 PM

Pune/New Delhi, June 4 (IANS) Amid reports surrounding a former employee's allegations of religious harassment and forced resignation, IT major Wipro on Thursday said it has shared all relevant documents with the Pune Police and is fully cooperating with the ongoing probe into the matter.

India’s 1st-ever sea shipment of value-added millet heads for New Zealand

IANS | June 4, 2026 5:45 PM

New Delhi, June 4 (IANS) In a significant boost to India's food exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the dispatching of first-ever sea shipment of ready-to-cook millet foods from Karnataka to New Zealand, according to an official statement issued on Thursday.

India, UK launch Critical Minerals Global Supply Chain Observatory

IANS | June 4, 2026 5:44 PM

New Delhi, June 4 (IANS) The India–UK Critical Minerals Global Supply Chain Observatory (GSCO) was formally launched here on Thursday, said G. Kishan Reddy, Union Minister of Coal and Mines, and Yvette Cooper, the UK Secretary of State for Foreign, Commonwealth and Development Affairs.