Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
The transmission of the February and April rate cuts is now complete, validating the central bank's monetary stance and contributing to a revival in credit growth, said Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday. "We now have preliminary figures for June credit rates, and we find that for new loans, the rates are lower by at least 50 basis points (bps)... within two months of our 50-bp cut, we are in June, and the whole of the monetary policy transmission has happened.
2025 was the year blouses stopped being just blouses. They became the star of the outfit.
Mumbai witnessed an event dipped in heritage and glamour as Nita Ambani unveiled the Swadesh flagship store, a space built to honour India's finest master artisans and their craft legacies.
14-year-old Vaibhav Suryavanshi produced an exhibition of magnificent strokeplay, smashing 171 from just 95 balls, including 14 sixes and nine fours.
The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.
The police opposed the bail plea and argued the case's investigation was underway.
Malaika Arora doesn't just turn heads, she sets the gold standard (quite literally) in a Manish Malhotra outfit.
While some of them were excellent, most were passable. But many were far superior to the theatrical releases.
India will open their campaign against a yet-to-be-confirmed opponent (qualifier) on December 12 before their match against Pakistan on December 14. They will play another qualifier on December 16.
* Repo rate reduced by 25bps to 5.25 pc; * 4th rate cut, totalling 125 bps, since February 2025; * MPC also decided to continue with neutral stance; * GDP growth forecast for FY26 raised to 7.3 pc from 6.8 pc;
From handwoven saris to custom-designed festivewear, see how your favourite stars attended Swadesh's launch in Mumbai.
All-rounder Mohamed Enaan struck a magnificent unbeaten century at No. 8 to power India A to a 26-run win over India B.
The 19-year-old looked set for a double century and join the likes of India's Abhigyan Kundu and South Africa's Jorich Van Schalkwyk in the elite 200-plus club.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
Anvay, the son of legendary India batter Rahul Dravid, was on Tuesday named in the India U-19 B squad for an upcoming triangular series also featuring India A and Afghanistan's U-19 teams.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
Skipper Vihaan Malhotra (13) was dismissed in the fourth over by medium pacer Salam Khan (3/35), who also removed Abhigyan Kundu (12) and Mohamed Enaam (1), reducing India A to 85 for five inside 11 overs.
While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.
Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.
The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.
'In a world that's loud and fractured, this is my small offering of softness. Of love.'
The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.
Finally, Bollywood has something to cheer about!
Both Suryavanshi and skipper Mhatre are coming into the tournament following a great run of form in the ongoing Syed Mushtaq Ali Trophy.
Nancy Tyagi's sari-inspired look for Tyla's maiden visit to India is the inspiration moment that aptly blends global glam with desi charm.
From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.
Akhanda 2: Thandavam may appeal to Nandamuri Balakrishna's fans and will be a madcap awakening for those uninitiated in Boyapati Sreenu's no goofball ideas in constructing action, notes Arjun Menon.
All of a sudden, the Ramayana is a much sought-after source for epic movie makers.
'I am very fortunate that I am getting films where I am finally doing romance on screen, if not in my real life.'
Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
India's first lifestyle and music festival -- Myntra GlamStream Fest 2025, where fashion, beauty, music, and pop culture come together -- was held on November 16 at the MMRDA Grounds in Mumbai.
Bollywood's power couples know the right way to celebrate Diwali with their supercool pictures on social media.
Film folk have been looking very glamorous in the last two days, thanks to the Bollywood Hungama OTT India Fest.
Malhotra was among the 12 people arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on suspicion of espionage, with investigators suspecting the presence of a Pakistan-linked spy network operating in north India.
'The industry has lost a legend... and we've lost someone who shaped the very soul of our cinema.'
The Kapoor family celebrated Diwali at Neetu Kapoor's home.
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