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    Rate cut to spur credit offtake, reduce borrowing costs: FICCI
Business

Rate cut to spur credit offtake, reduce borrowing costs: FICCI

Anant Goenka, President, of industry chamber FICCI welcomed the RBI's decision to reduce the repo rate by 25 basis points, asserting that this calibrated easing will help stimulate credit offtake.


      RBI to study proposal on banks' foray into non-Agri derivatives

RBI to study proposal on banks' foray into non-Agri derivatives

Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.

      Real Estate players anticipate strong close to financial year

Real Estate players anticipate strong close to financial year

With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.

      Rupee depreciation will not raise CPI inflation: BoB Report

Rupee depreciation will not raise CPI inflation: BoB Report

The recent depreciation in the Indian Rupee is unlikely to have any significant impact on CPI inflation in the country, as India has a low dependence on imports for food products, highlighted a report by Bank of Baroda.

      Gujarat’s Per Capita Income surpasses Rs 3 lakh mark

Gujarat’s Per Capita Income surpasses Rs 3 lakh mark

Gujarat has recorded a per capita income exceeding Rs 3 lakh for the first time, reflecting the state's sustained growth momentum and strengthening economic fundamentals.

      OpenAI’s Stargate Project moves ahead with Samsung and SK in Sout

OpenAI’s Stargate Project moves ahead with Samsung and SK in Sout

OpenAI's ambitious Stargate Project is advancing steadily in South Korea, with major technology players Samsung and SK Group joining hands to build the future of artificial intelligence infrastructure, as per a report by Pulse, the English service of Maeil Business News Korea.

      ‘RBI delivered on most fronts’: Experts on repo rate cut

‘RBI delivered on most fronts’: Experts on repo rate cut

"The accompanying liquidity-enhancing measures, including open market purchases and forex swaps, underscore the growth-supportive nature of this policy decision. The repo rate cut is expected to support growth next fiscal, as monetary policy typically has a lagged effect."

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    Air India partners with Maldivian to ease travel to 16 remote isl
Business

Air India partners with Maldivian to ease travel to 16 remote isl

Air India's new partnership with Maldivian, the national airline of the Maldives, gives travellers easy access to 16 lesser-known islands across the island nation, opening a wider route network for people flying between the two countries.


    India and Germany hold high-level roundtable
Business

India and Germany hold high-level roundtable

India and Germany convened a high-level roundtable to push forward integrated solutions for the future of electric mobility.


    Adani Ports partners with Motherson for auto export terminal
Business

Adani Ports partners with Motherson for auto export terminal

Dighi Port is set to handle 200,000 cars per year following a strategic partnership between Adani Ports and Special Economic Zone Limited (APSEZ) and Motherson, through its joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX).


    Keep customers central in policies, improve service
Business

Keep customers central in policies, improve service

"In the recent past, as a result of, inter alia, receipt of a large number of grievances, pendency with the RBI Ombudsman has increased. We propose to hold a two-month campaign from 1st January next year with an aim to resolve all grievances pending for more than a month with the RBI Ombudsman," Governor Malhotra said.


    Rare goldilocks period: RBI Governor points to high GDP, low CPI
Business

Rare goldilocks period: RBI Governor points to high GDP, low CPI

RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally low inflation.


    RBI Governor revises inflation outlook downward to 2% for FY26
Business

RBI Governor revises inflation outlook downward to 2% for FY26

The Reserve Bank of India (RBI) on Friday revised the inflation outlook for the current financial year FY26, projecting CPI inflation at 2 per cent, marking a reduction of 0.6 per cent from its earlier projection.


    RBI raises India 2025-26 GDP forecast by half a percentage point
Business

RBI raises India 2025-26 GDP forecast by half a percentage point

Indian economy is projected to grow at 7.3 per cent in the current fiscal 2025-26, about a half percentage point higher than previously estimated, RBI Governor Sanjay Malhotra said Friday, announcing the decisions of Monetary Policy Committee.


    RBI cuts key rate by 25 bps to 5.25%
Business

RBI cuts key rate by 25 bps to 5.25%

The Reserve Bank of India on Friday announced a 25 basis points reduction in the policy repo rate, bringing it down to 5.25 per cent.


    Nifty, Sensex open cautiously ahead of RBI policy announcement
Business

Nifty, Sensex open cautiously ahead of RBI policy announcement

The domestic equity market opened on a cautious note on Friday with a marginal dip as investors awaited the Reserve Bank of India's policy announcement and monitoring Russian President Vladimir Putin's visit to India, where he will be holding key meetings related to bilateral relations.


    India–Russia Business Forum highlights expanding cooperation
Business

India–Russia Business Forum highlights expanding cooperation

India and Russia are looking to further strengthen bilateral trade and explore new areas of cooperation across multiple sectors, said CEO and Chairman of the Board of the Roscongress Foundation, Alexander Stuglev.


    RBI Governor to announce policy rate today at 10 am
Business

RBI Governor to announce policy rate today at 10 am

The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday.


    Reliance Industries’ rating raised to ‘A-’ from 'BBB+' by S&P
Business

Reliance Industries’ rating raised to ‘A-’ from 'BBB+' by S&P

Global rating agency S&P Global Ratings has revised its rating on Reliance Industries Ltd. (RIL), raising the long-term issuer credit rating to 'A-' from 'BBB+' amid expectations of improving cash flow stability driven by its expanding consumer-focused businesses.


    Business leaders upbeat on Putin's visit
Business

Business leaders upbeat on Putin's visit

Russian President Vladimir Putin's visit to India has generated widespread interest across business, industry, and academic circles, with leaders emphasising the potential for deeper cooperation between the two nations.


    India shifts from assembly to deep manufacturing as semiconductor
Business

India shifts from assembly to deep manufacturing as semiconductor

India's electronics and semiconductor ambitions have entered a crucial second phase, moving beyond assembly to high-value manufacturing and materials research, Vinod Sharma, Chairman of CII's National Committee on Electronics Manufacturing and Managing Director of Deki Electronics, told ANI today.

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Air India partners with Maldivian to ease travel to 16 remote isl

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India and Germany hold high-level roundtable

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Adani Ports partners with Motherson for auto export terminal

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Keep customers central in policies, improve service

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Rare goldilocks period: RBI Governor points to high GDP, low CPI

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