RBI MPC Meeting Begins: The Reserve Bank of India’s Monetary Policy Committee (MPC) has kicked off its three-day meeting in Mumbai, with the policy outcome scheduled for Wednesday, October 1, at 10 AM. RBI Governor Sanjay Malhotra will announce whether the central bank will adjust the repo rate, which currently stands at 5.5 per cent….
External Affairs Minister S Jaishankar met with US Secretary of State Marco Rubio in New York on Monday. Both had a detailed conversation covering a range of bilateral and international issues, the Indian minister said on social media platform X (formerly Twitter). The two also agreed on the importance of sustained engagement to progress on priority areas, and decided to remain…
Eight domestic core industries registered growth of 6.3 per cent in August, marking a significant surge from 3.7 per cent the previous month, according to official data released on Monday. That marked the highest reading since May 2024. Data on these eight industries is recorded and analysed collectively to gauge the domestic infrastructure output. These…
Union Minister Piyush Goyal said on Tuesday that chief negotiators are working to converge on different parts of a potential India-European Union free trade agreement (FTA). “Almost 60 per cent of the chapters are completed and finalised,” he said. The minister also said that by the time the EU Trade Commissioner and the EU Food Commissioner…
The Reserve Bank of India (RBI) is staying cautious on interest rate changes, with Governor Sanjay Malhotra warning of persistent global uncertainties—particularly around tariffs—that could disrupt economic momentum. In the Monetary Policy Committee (MPC) meeting held from August 4 to 6, the RBI decided to keep the repo rate unchanged at 5.5 per cent. Minutes…
Steel stocks rally: Shares of major ferrous metal companies like Tata Steel, JSW Steel, SAIL, and JSPL saw gains of up to 2 per cent on Monday, August 18, following news around a potential final safeguard duty on steel imports. These names are seen as direct beneficiaries of the move, while companies like NMDC, APL Apollo,…