Category: Politics

The Reserve Bank of India (RBI) on Wednesday decided to keep the key repo rate unchanged at 5.50 percent, marking the first pause in the ongoing rate cycle after delivering 100 basis points of cuts earlier this year. The Monetary Policy Committee (MPC), led by RBI Governor Sanjay Malhotra, voted unanimously to maintain the status quo […]

The Centre has shortlisted 18 proposals for research and development (R&D) of electric vehicle (EV) subsystems to boost domestic manufacturing of these largely imported components, looking to reduce dependence on imports. The projects will be executed in partnerships with academia, industry and the government. A final call on the proposals will be taken after vetting by […]

US President Donald Trump said Tuesday that upcoming tariffs on imported pharmaceuticals could go as high as 250 percent — after starting at a lower level — adding he plans to unveil fresh duties on foreign semiconductors. “We’ll be putting (an) initially small tariff on pharmaceuticals, but in one year, one-and-a-half years, maximum, it’s going to […]

TV broadcasters, represented by the Indian Broadcasting and Digital Foundation (IBDF), have asked the Telecom Regulatory Authority of India (Trai) to restore separate tariffs for retail and commercial subscribers, industry sources privy to the development said. They have argued that the current regime unfairly allows commercial establishments such as hotels, restaurants and bars to access television […]

The Reserve Bank of India (RBI) started its three-day Monetary Policy Committee (MPC) meeting on Monday, led by Governor Sanjay Malhotra. The committee is expected to announce its decision on the bi-monthly policy review on Wednesday, 6 August. Since February, the RBI has been easing interest rates to support economic growth. So far, the central bank […]

The Indian rupee extended its decline on Tuesday on the back of escalating trade tensions with the United States, although likely central bank intervention prevented the currency from breaching record low levels. The rupee closed at 87.8000 to the U.S. dollar, down 0.2% from Monday’s close of 87.6550. The local currency fell to a low of […]

The RBI Governor Sanjay Malhotra-headed rate-setting panel on Monday started the three-day deliberations to decide the next bi-monthly monetary policy amid expectations of pause in the rate easing cycle. The Reserve Bank of India (RBI) started the rate easing cycle in February and since then has reduced the short-term lending rate (repo) by 100 basis points […]

Indian officials have struggled to engage with US President Donald Trump’s administration because key foreign policy roles in Washington remain unfilled, people familiar with the matter said, making it difficult for New Delhi to effectively push for a favorable trade deal. Several positions in the Department of State and the Department of Defense are vacant, which […]

Dovish India RBI tone may aid sustained lower yields more than rate cut, traders say By Dharamraj Dhutia MUMBAI, – A dovish commentary and downward revision to economic forecasts by the Reserve Bank of India could drive a continued fall in government bond yields and overnight index swap rates, even without an actual rate cut, treasury […]

The month of July 2025 displayed a two-way trend for bullion, offering both buyers and sellers opportunities to book profits. Bullion began the month in a range-bound manner as investors assessed US Federal Reserve Chair Jerome Powell’s cautious stance on rate cuts. Meanwhile, a weaker US Dollar Index lent support to the greenback-priced metal. Soon, the […]