The decision of the Reserve Bank of India (RBI) to reduce the policy repo rate will significantly help mid-segment housing across top-tier cities, translating into lower EMIs (Equated Monthly Installment) and better affordability, said real estate executives, terming it a "strategic move".
Prime Minister Narendra Modi on Friday said that the country's "Yuva Shakti" is associated with dynamism, innovation and determination and has driven India's growth with unmatched energy and conviction.
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.
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.
Hyderabad (Telangana) [India], June 6: As India's education system advances under the vision of the National Education Policy (NEP) 2020, with the continued efforts of UGC and AICTE to promote quality and relevance in technical education, the NxtWave Institute of Advanced Technologies (NIAT)
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.
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.
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.
New Delhi [India], June 5: Life insurance is not just a tool for financial protection but also an effective way to save on taxes. In India, the Income Tax Act provides various benefits for policyholders, making life insurance a popular choice among taxpayers. This article delves into the lif
On World Environment Day, Delhi CM Rekha Gupta announced plans to add 280 electric buses by 2027. PM Modi earlier flagged off 200 e-buses and planted a tree under the 'Ek Ped Maa Ke Naam' campaign.
UAE Minister of Climate Change Amna Al Dahak reaffirmed the country's commitment to combating plastic pollution on World Environment Day, announcing a full ban on single-use plastic products by 2026 and highlighting global and national initiatives for sustainable transformation.