RBI Governor To Announce Policy Rate Today; Experts Split As Economists Expect Pause, Industry Eyes Cut
New Delhi: The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate today at 10 am as the three-day Monetary Policy Committee (MPC) meeting concludes on Friday. The financial markets remain divided on expectations from the MPC, with economists largely anticipating a pause in rate action, while some industry voices believe the time is...
RBI MPC Meeting Today: Will The RBI Cut Rates Or Pause? Check Time & Where To Watch
New Delhi: Today, the Reserve Bank of India (RBI) is set to unveil its latest monetary policy decision, the result of a three-day review by the Monetary Policy Committee. The announcement will be made by Governor Sanjay Malhotra, arriving at a pivotal moment: inflation is gradually cooling, economic growth is gaining momentum, the rupee has slid past the...
Rupee Hits Record Low Against Dollar: You Won’t Believe These Countries’ Currencies Are Even Weaker
World’s Weakest Currencies: The year 2025 has been challenging for the Indian rupee. For the first time, it fell below Rs 90 per US dollar, reaching a record low. This decline reflects pressures from rising dollar strength, cautious global markets and foreign capital outflows. However, India is not alone, many countries across the world are facing currencies that...
ED Gets Nod To Confiscate Rs 127-Cr Assets Of Fugitive Shine City Promoter Rashid Naseem
NEW DELHI: In one of the first confiscations through the Fugitive Economic Offenders Act mechanism in Uttar Pradesh, the Enforcement Directorate (ED) has received approval to confiscate movable and immovable assets worth Rs 127 crore belonging to fugitive Rashid Naseem and the Shine City Group of Companies. The confiscation move comes after the agency designated Naseem as a...
Falling Rupee Should Not Be Mistaken For Inherently Weak Currency: SBI Research
New Delhi: The slide in Indian Rupee driven by a complex mix of external shocks, foreign investor outflows and limited RBI intervention should not be mistaken for an inherently weak currency, said SBI Research Ecowrap report on Thursday. The Indian rupee on Wednesday slipped past the psychologically significant 90-per-dollar level, marking one of its fastest declines in recent...
Govt Approved 25 Lakh Additional LPG Connections Under PMUY
New Delhi: The government has approved the release of 25 lakh additional liquefied petroleum gas (LPG) connections under the Pradhan Mantri Ujjwala Yojana (PMUY) during the FY 26 to clear pending applications and move toward saturation of household LPG access, an official statement said on Thursday.
To further improve access, the eligibility criteria have been simplified to “Adult women...
