Inflation in the current financial year and the next financial year (FY27) is likely to be much lower than the Reserve Bank of India's (RBI) projections, according to a report released by the State Bank of India (SBI).
The Central government has reappointed chairmen of multiple committees, with Congress leader Shashi Tharoor retaining chairmanship of External Affairs Committee. DMK's Kanimozhi Karunanidhi has also been reappointed as chairperson of Consumer Affairs, Food and Public Distribution committee.
Internet services in Afghanistan were restored after a 72-hour blackout that disrupted schools, businesses, banking and flights. Tolo News reported residents faced slow speeds and restrictions, while activists and the UN warned repeated shutdowns could harm livelihoods and worsen the country
Bharatiya Janata Party MP Baijayant Panda has been appointed as the Chairperson of the Select Committee of Lok Sabha on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
The Asian Development Bank (ADB) has approved a USD 190 million loan to support the development of the Indore Metro Rail Project, a transformative initiative aimed at enhancing urban mobility, reducing pollution, and promoting inclusive growth in Madhya Pradesh, as per a company press releas
The Asian Development Bank (ADB) has approved a USD 299 million loan as the final tranche of the Delhi-Meerut Regional Rapid Transit System (RRTS) Investment Project which is India's flagship initiative in the National Capital Region (NCR) designed to advance sustainable urban transportation
Industry chambers have welcomed the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) decision to maintain the repo rate at 5.5 per cent with a neutral stance, citing it as a signal of stability and growth support in the backdrop of moderate inflation and strong GDP performance.
The Reserve Bank of India's (RBI) Governors' monetary policy statement made on Wednesday has opened up the possibility of another 25 basis points (bps) rate cut, even as the central bank decided to maintain the status quo on key rates and retain a neutral stance, noted a report by Bank of Ba
The medium-term outlook for the Indian rupee remains tilted to the downside unless there is relief from the persistent twin deficit, current account and fiscal deficit, according to a report released by Union Bank of India.
Industry experts have widely welcomed the Reserve Bank of India's (RBI) recent decision to hold the repo rate at 5.5 per cent, calling it a measured and prudent approach in the current economic environment.
The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections.