"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
Bollywood's ladies make a splash at Mumbai wedding.
Sooraj Barjatya's daughter Eesha Barjatya got married to Abhishek Kothari recently, and their wedding reception was a star-studded one.
India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.
The Vishwa Hindu Parishad has strongly protested about the controversial model-actress Poonam Pandey portraying Ravana's wife Mandodari in Delhi's UNESCO-endorsed Ram Leela.
Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.
Producer Ramesh Taurani celebrated his 65th birthday with the film folk he's worked with through the 45 years of his music company, Tips Music and 30 years of Tips Films.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
After the Filmfare OTT Awards, Alia attended the 25th ITA Awards held at the Jio World Convention Centre in Mumbai.
Mumbai Indians will inch closer to play-offs if they beat Gujarat Giants in their final league game of WPL 2026.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
Both teams will be hoping their key players step up as the league phase reaches a decisive stage.
Having made their best-ever start to a season, Gujarat Giants would back themselves to get past defending champions Mumbai Indians in the Women's Premier League (WPL) in Navi Mumbai on Tuesday.
Winless in the first three outings, the Warriorz opened their account on Thursday, beating defending champions Mumbai Indians by seven wickets, and they are set to face each other for the second time in three days.
MI have managed just two wins from five outings, while Delhi Capitals are last with three losses from four matches.
Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.
"We are contributing about 18 per cent, which is more than the US where the contribution is expected to be much less -- about 11 per cent or something. We are doing very well and we will continue to improve further," RBI governor Sanjay Malhotra said, replying to a question on Trump's recent comments.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
Rejuvenated by their thrilling super-over win over RCB, UP Warriorz will look to continue their momentum when they take on an upbeat Mumbai Indians in the Women's Premier League match in Bengaluru on Wednesday.
An all-women contingent from CRPF, Agniveers and camel-riding women contingent were among the many firsts for a Republic Day parade at Kartavya Path which also marks the first as the venue of the 74th Republic Day.
The Economic Advisory Council to the Prime Minister (EAC-PM) has distanced itself from its member Bibek Debroy's article suggesting embracing a new constitution, and said the article in no way reflects the views of EAC-PM or Government of India.
'The Budget needs to focus more on social welfare schemes.'
British Indian entrepreneur Poonam Gupta bought a painting depicting Virat Kohli's Indian Premier League journey over 10 years for a whopping 2,90,000 pounds (approx Rs 2.4 crore).
When the photographers congratulated her, she couldn't stop blushing.
Meet Poonam Gupta, vice president, business development, the National Multi Commodity Exchange of India (NMCE), India's leading multi-commodity exchange.
The government on Wednesday reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) under existing chairman Bibek Debroy, for a period of two years. V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director general of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as part-time members of the reconstituted EAC-PM. The other part-time members of the Council include Sajid Chenoy, Neelkanth Mishra and Nilesh Shah.
So many film folk turned up at the opening night of the Jio MAMI Film Festival, held at the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai.
The National Multi Commodity Exchange is planning to launch turmeric futures of Erode variety soon.
Maidaan's special screening was quite a star-studded affair, as film folk arrived to watch Ajay Devgn's new sports biopic.
While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.
Hitesh Harisinghani/Rediff.com captures the red carpet arrivals at Mamma Mia's opening night at the NMACC.
'We have to think of the repercussions if public sector banks are privatised and if they go to foreign hands.'
The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.
The Pinkvilla Screen and Style Icons Awards were held in Mumbai, and Bollywood suitably glammed up for the night.
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