RBI retains India’s GDP growth forecast at 6.5 pc for FY 2025-26

IANS | August 6, 2025 11:03 AM

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.

Nifty, Sensex open flat as investors eye RBI policy decision

IANS | August 6, 2025 9:47 AM

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.

SK Telecom's Q2 net income plunges after massive data breach

IANS | August 6, 2025 9:25 AM

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.