RBI may hold rates in August MPC as Q1 growth likely to cross 7 pc: Report

IANS | August 1, 2026 11:28 AM

New Delhi, Aug 1 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two quarters and Q1 FY27 domestic product growth may exceed about 7 per cent, a report said on Saturday.

American company faces China AI scrutiny

IANS | August 1, 2026 11:18 AM

Washington, Aug 1 (IANS) Two powerful House committees have launched a fresh investigation into DoorDash's use of a Chinese-developed artificial intelligence model, raising concerns that the growing adoption of Chinese AI by American companies could pose national security, cybersecurity and economic security risks.