Mumbai, Oct 1 (IANS) The Indian equity indices soared high on Wednesday, ending an eight-day losing streak following heavy buying, after the RBI decided to keep the repo rate unchanged at 5.5 per cent along with raising GDP growth forecast to 6.8 per cent for FY26, from its earlier projection of 6.5 per cent.
New Delhi, Oct 1 (IANS) Fashion and apparel brands accounted for nearly 60 per cent of retail leasing by direct-to-consumer (D2C) brands in the first half of this year (H1 2025), a report said on Wednesday.
New Delhi, Oct 1 (IANS) The new NIELIT Digital University (NDU) platform, set to be launched tomorrow, will offer programmes on artificial intelligence (AI), cybersecurity, and data science, the Ministry of Electronics & IT (MeitY) said on Wednesday.
New Delhi, Oct 1 (IANS) The delivery of the first ‘Made in India’ Airbus H125 helicopter is expected in early 2027 which will be available for exports in the South Asian region as well, it was announced on Wednesday.
New Delhi, Oct 1 (IANS) Leading industry chambers on Wednesday expressed delight on the RBI’s move to keep the repo rate steady at 5.5 per cent with a ‘neutral’ stance, saying that this shows a balanced approach to supporting growth while keeping an eye on inflation.
New Delhi, Oct 1 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday reiterated that the central bank has no proposal to impose a fee on transactions done through Unified Payments Interface (UPI).
Mumbai, Oct 1 (IANS) The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex earnings, to counter growing uncertainties in global trade.
New Delhi, Oct 1 (IANS) Bankers on Wednesday welcomed the Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.5 per cent with a neutral stance, saying the move reflects a balanced approach in supporting growth and ensuring price stability.
Mumbai, Oct 1 (IANS) The RBI’s monetary policy committee (MPC) on Wednesday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2.6 per cent from 3.1 per cent in August primarily on account of the GST rate cuts and benign food prices.
New Delhi, Oct 1 (IANS) The Navi Mumbai International Airport, set to open next week, is a monument shaped by thousands of hands and hearts, said Gautam Adani, Chairman of the Adani Group, on Wednesday.
