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    Economists hail RBI’s 50 bps rate cut and CRR cut to give push
Business

Economists hail RBI’s 50 bps rate cut and CRR cut to give push

Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country.


      FADA reports 5% (YoY) growth of auto sales in May 2025 

FADA reports 5% (YoY) growth of auto sales in May 2025 

Federation of Automobile Dealers Associations (FADA) on Friday released vehicle retail data for the month of May, which revealed a modest rise of 5 per cent as compared to same month, last year.

      India's forex reserves sufficient to meet 11 months of imports

India's forex reserves sufficient to meet 11 months of imports

India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.

      CRR cut by 100 bps, stance changed to Neutral

CRR cut by 100 bps, stance changed to Neutral

In a major move to boost liquidity in the economy, the Reserve Bank of India (RBI) on Friday announced a cut in the Cash Reserve Ratio (CRR) by 100 basis points in four tranches of 25bps each.

      India wants to be competitive alternative in global maritime:

India wants to be competitive alternative in global maritime:

India is working to become a credible and competitive alternative destination in the global maritime sector and has committed USD 20 billion for infrastructure development focused on enhancing multimodal logistics, port connectivity, and trade facilitation, said Sarbananda Sonowal, the Union Minister of Ports, Shipping and Waterways (MoPSW).

      RBI cuts repo rate by 50 bps to 5.5%

RBI cuts repo rate by 50 bps to 5.5%

RBI Governor said, "The reduction recommended by the MPC is for 50 basis points to 5.5 per cent. This is with an immediate effect."

      Nifty, Sensex open flat ahead of RBI policy decision

Nifty, Sensex open flat ahead of RBI policy decision

Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM.

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    India and Italy agree to strengthen ties in Industry 4.0
Business

India and Italy agree to strengthen ties in Industry 4.0

Union Commerce and Industry Minister Piyush Goyal on Thursday said that India and Italy have agreed to boost cooperation in key areas such as Industry 4.0, smart manufacturing, technology, and the automobile sector.


    RBI Governor Sanjay Malhotra to announce policy rates today
Business

RBI Governor Sanjay Malhotra to announce policy rates today

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.


    India committed $20 billion for infra development: Sonowal
Business

India committed $20 billion for infra development: Sonowal

At the session, the Union Minister highlighted India's growing maritime capabilities, including a favourable policy-induced investment environment, proven shipbuilding strength, circular economy efforts, and innovative financing plans to accelerate sectoral growth.


    Global economy at risk from critical mineral supply concentration
Business

Global economy at risk from critical mineral supply concentration

Commerce and Industry Minister Piyush Goyal has cautioned that the world's heavy reliance on a handful of countries for critical mineral supplies poses a significant threat to global economic development, calling for urgent diversification of supply chains.


    Indian maritime firms bag shipbuilding deals, secures green tech
Business

Indian maritime firms bag shipbuilding deals, secures green tech

The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business.


    India ranks 3 in building general dry cargo vessels for Europe
Business

India ranks 3 in building general dry cargo vessels for Europe

India now ranks 3rd in building general dry cargo vessels for the European short sea trade, Union Minister for Ports and Shipping Sarbananda Sonowal announced on Thursday, quoting private data.


    India proposes 'Italy Enclave' to strengthen strategic partnershi
Business

India proposes 'Italy Enclave' to strengthen strategic partnershi

India on Thursday proposed establishing an 'Italy Enclave' within one of its industrial towns, offering Italian companies and workers a comprehensive ecosystem that would serve as a "home away from home."


    Vodafone Idea CEO’s AGR remarks triggers debate
Business

Vodafone Idea CEO’s AGR remarks triggers debate

During the hearing, Senior Advocate Mukul Rohatgi, representing Vodafone Idea, conceded that all legal avenues--including review and curative petitions--had been exhausted.


    Jaishankar lays out growth opportunities in India
Business

Jaishankar lays out growth opportunities in India

External Affairs Minister S Jaishankar, in the presence of leaders of Central Asian countries, touched upon various business opportunities and complementarities between these respective economies on Thursday.


    APSEZ marks World Environment Day with a major milestone
Business

APSEZ marks World Environment Day with a major milestone

In a significant stride toward environmental responsibility, Adani Ports and Special Economic Zone Ltd (APSEZ) has marked the World Environment Day with a major sustainability achievement: 12 of its key ports have been awarded the Zero Waste to Landfill (ZWL) certification.


    Air India scales up Kathmandu, Colombo, Bangkok routes
Business

Air India scales up Kathmandu, Colombo, Bangkok routes

Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand.


    “Miles to go”: Goyal sees strong potential in India-Italy trade
Business

“Miles to go”: Goyal sees strong potential in India-Italy trade

"We realise that the bilateral trade between our two nations is so low, and is suboptimal. We have a lot of work to do, whether it is trade, whether it is investments, whether it is technology, whether it is tourism," Goyal said.


    India and Kyrgyzstan’s BIT comes into force, strengthen economic
Business

India and Kyrgyzstan’s BIT comes into force, strengthen economic

The new Bilateral Investment Treaty (BIT) between India and the Kyrgyz Republic comes into force on Thursday, marking a significant milestone in their bilateral economic relations.


    Silver hits it highest level in 13-years on weaker USD and solid
Business

Silver hits it highest level in 13-years on weaker USD and solid

Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand.

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India and Italy agree to strengthen ties in Industry 4.0

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RBI Governor Sanjay Malhotra to announce policy rates today

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India committed $20 billion for infra development: Sonowal

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Global economy at risk from critical mineral supply concentration

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Indian maritime firms bag shipbuilding deals, secures green tech

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