RBI plans to allow bank lending to REITs: Governor

IANS | February 6, 2026 11:59 AM

Mumbai, Feb 6 (IANS) Reserve Bank Governor Sanjay Malhotra announced on Friday that the Central Bank proposes to permit commercial banks to extend finance to Real Estate Investment Trusts (REITs), subject to appropriate prudential safeguards.

Meghalaya coal mine tragedy: HC orders arrest of mine owners

IANS | February 6, 2026 11:50 AM

Shillong, Feb 6 (IANS) Taking a stern view of the continued operation of illegal coal mines in Meghalaya, the High Court has ordered immediate arrests in connection with a deadly explosion at an alleged illegal mining site in East Jaintia Hills district that claimed at least 18 lives, officials said on Friday.

RBI raises growth forecast for Q1 and Q2 of 2026-27

IANS | February 6, 2026 11:06 AM

Mumbai, Feb 6 (IANS) The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6.9 per cent and 7.0 per cent, respectively, RBI Governor Sanjay Malhotra announced on Friday.

RBI leaves repo rate unchanged, sticks to neutral policy stance

IANS | February 6, 2026 10:30 AM

Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra announced on Friday that the Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged at the current level of 5.25 per cent and stick to the neutral monetary policy stance.