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The RBI Governor Sanjay Malhotra-led Monetary Policy Committee decided to keep the policy repo rate unchanged at 5.25% and maintain a ‘neutral’ stance in its August 2026 policy meeting.
Indonesia Q2 GDP up more than expected, but slows from prior quarter
RBI MPC Meeting 2026:The Reserve Bank of India revised its inflation forecast to 5% for FY27, while keeping the repo rate steady at 5.25%. Core inflation is projected at 4.3%, reflecting balanced risks. Growth may moderate due to uncertainties, with the next MPC meeting on October 5-7, 2026.
The Reserve Bank of India revised its FY27 GDP growth forecast to 6.7% amid the Middle East crisis, reflecting domestic growth confidence.
A consumer commission found IndiGo liable for service deficiency after a passenger missed his flight. The airline failed to provide complete terminal information on the ticket and SMS. This omission caused the passenger to go to the wrong terminal and miss his flight. The commission ordered IndiGo to pay compensation and litigation costs to the…
The state government has reduced its Transport Department headquarters plan from sixteen stories. Navy height restrictions necessitated this significant reduction in the building’s proposed elevation. A new four-storey structure with a two-floor basement will now be constructed. This revised project has received administrative and financial approval for sixty-seven crore rupees. The Transport Commissioner’s office will…
Vineeta Singh highlights execution as crucial for business success. Her journey with SUGAR Cosmetics demonstrates this principle through years of hard work. She learned that building a company requires constant effort and adaptation. Singh now mentors entrepreneurs on Shark Tank India, focusing on execution ability. This focus on doing the work is essential for achieving…
US THAAD arsenal nearly 80% depleted as Iran talks progress: Report
Manoj Muntashir, the writer of Adipurush, has asked fans to refrain from drawing comparisons between his film and the Ramayana. He extended good wishes for the success of an upcoming Nitesh Tiwari project and appreciated Yash’s portrayal of Ravana. While Muntashir acknowledged that Adipurush fell short of audience expectations, he took pride in its hit…
A new $200 million Phoenix Species Project will support 100 critically endangered species. This initiative is a collaboration between Re:wild and the Bezos Earth Fund. The project aims to provide significant financial backing for long-term recovery programs. It will bolster existing conservation efforts and expand habitat protection initiatives. Local organizations will receive crucial funding and…