Sensex Zooms by 746.95 points

Mumbai, Jun 5 (UNI) Continuing its upward streak, BSE Sensex on Friday rose by 746.95 pts to settle at 82,188.99 after the RBI announced a larger-than-expected rate cut. RBI reduced repo rate by 50 bps to 5.50, amid a favorable domestic environment. The National Stock Exchange (NSE) advanced by 252.12 pts to 25,000.65 BSE Sensex…

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RBI cuts repo rate by 50 bps to 5.50 pc

Mumbai, June 6 (UNI) The Reserve Bank of India (RBI) on Friday in its second bi-monthly monetary policy of FY26. cut the repo rate by 50 basis points (bps) to 5.50 pc from 6.00 pc earlier. This is the central bank’s third consecutive repo rate cut. RBI Governor Sanjay Malhotra-led Monetary Policy led committee decided…

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Ten BRICS nations condemn Pahalgam terror attack

New Delhi, June 6 (UNI) The Parliaments of ten BRICS nations strongly condemned the Pahalgam terrorist attack and agreed to cooperate on a policy of zero tolerance against terrorism. A high-level Parliamentary delegation led by Lok Sabha Speaker Om Birla, which participated in a two-day Eleventh BRICS Parliamentary Forum in Braslia, held multiple rounds of…

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