Mumbai, Apr 9 (UNI) Global trade and policy uncertainties may impede growth but India need not be unduly worried for its impact on domestic inflation, says RBI, while projecting the economic growth or GDP growth for 2025-26 at 6.5 per cent. “Overall, while global trade and policy uncertainties shall impede growth, its impact on domestic…
Kolkata, Apr 9 (UNI) The EEPC India on Wednesday reacted to RBI’s cut the repo rate, saying it was expectedly the Central bank has cut the repo rate for the second time in a row by 25 basis points to 6 percent. The move should further support economic growth, which currently faces major challenges on…
Mumbai, Apr 9 (UNI) Observing that the global economy is going through a period of exceptional uncertainties, the Reserve Bank of India (RBI) on Wednesday said the need of the hour is to remain agile and decisive in our response and put in place policies that are clear, consistent, credible and in the best interest…
New Delhi, Apr 9 (UNI) The industry on Wednesday hailed the RBI’s decision to cut key rate by 25 basis points from 6.25 percent to 6 percent saying this will support economic growth amid the escalating global tariff war. Shikhar Aggarwal, Chairman, BLS E-Services, said “The Reserve Bank of India (RBI) has cut the repo…
Mumbai, Apr 9 (UNI) Delivering second straight cut in key interest rate in the wake of softening retail inflation, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Wednesday decided to cut policy repo rate by 25 basis points to 6% with immediate effect. “After a detailed assessment of the evolving macroeconomic and…
New Delhi, Apr 9 (UNI) President Droupadi Murmu arrived in Slovakia and was warmly received by President Peter Pellegrini of the Slovak Republic at the Presidential Palace in Bratislava on Wednesday. The President’s Office said in a post on X: “President Droupadi Murmu was received by President Peter Pellegrini of the Slovak Republic at the…
Dubai/New Delhi, Apr 9 (UNI) Discussions between the Indian and UAE defence ministers focused on enhancing collaboration in vital areas including defence industries, military training, skills development, and technology transfer, a UAE statement said. The meeting between Defence Minister Rajnath Singh and the Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence Sheikh…
New Delhi, Apr 9 (UNI) Tahawwur Rana, one of the masterminds of the deadly 2008 Mumbai terror attacks, is being extradited to India after he exhausted his legal options in the US, according to news reports. The Pakistani-Canadian national, 64, was an associate of the Pakistan-based Islamist terrorist group, the Lashkar-e-Taiba (LeT). The US Supreme…
New Delhi, Apr 09 (UNI) Prime Minister Narendra Modi on Wednesday said that the global institutions are now looking towards India because of its progress, which opens pathways for others. Inaugurating the Navkar Mahamantra Divas at Vigyan Bhawan, New Delhi, he underscored that the world’s trust in India is deepening, with India’s efforts and results…
Mumbai, Apr 9 (UNI) Delivering second straight cut in key interest rate in the wake of softening retail inflation, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Wednesday decided to cut policy repo rate by 25 basis points to 6 per cent with immediate effect. “After a detailed assessment of the evolving…
