The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
Adani Ports and Special Economic Zone Limited (APSEZ), has received the letter of intent (LOI) for the operation and maintenance (O&M) of the container facility at the Netaji Subhas Dock at the Syama Prasad Mookerjee Port in Kolkata.
Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, has underscored the critical importance of ensuring food safety as a cornerstone for strengthening food security and promoting economic and social well-being in the UAE.
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
The RBI's Monetary Policy Committee (MPC) maintained the status quo on the Repo Rate, keeping it unchanged at 6.5 per cent. The decision comes amidst a backdrop of economic uncertainties both domestically and globally.
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
The 2024 Technology Pioneers cohort has the most representation from the largest entrepreneurship ecosystems in the world, the US and China, followed by India, which has more start-ups than ever before in this year's cohort.
The IPEF is an economic initiative launched by US President Joe Biden in 2022. The framework was launched with fourteen participating founding member nations in the Indo-Pacific region with an open invitation for other countries to join.
The programme includes more than 150 thematic sessions with over 1,000 speakers. The event will focus on developing business relations and expanding contacts with trade partners from the CIS countries, the Arab world, India, China, EAEU-ASEAN and Latin America.
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
"The Valmiki Development Corporation was established with the noble aim of advancing the socio-economic development of marginalized communities. However, recent reports have exposed a significant misappropriation of funds allocated for developmental projects. The magnitude of this scam, i