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Bhubaneswar/New Delhi: The Adani Group has announced a significant investment of Rs 33,081 crore in three flagship infrastructure projects in Odisha. Spanning digital infrastructure, energy security, and manufacturing, these projects are expected to generate around 9,700 direct and indirect jobs while supporting the state's ambitious targets of achieving a USD 500 billion economy by 2036 and USD 1.5 trillion by 2047. Managing Director of Adani Ports and Special Economic Zone Ltd (APSEZ), Karan ...Read More >
Mumbai, Apr 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday expressed confidence that interest rates will remain low in the medium to long term, given the benign inflationary conditions. Addressing the media, in a post-monetary policy conference, Malhotra said the Indian economy is very strong, resilient and robust. "We are in a neutral state...possibility either way, any ways cannot be ruled out that low rates (would) continue for a long time," he said. Despite shocks, he said, th ...Read More >
New Delhi [India], April 8 (ANI): Economists and industry leaders on Wednesday largely backed the Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent, saying the central bank's cautious approach is appropriate amid global uncertainties and rising energy prices. Experts said the move reflects a balancing act between controlling inflation and sustaining economic growth. Dipti Deshpande, Principal Economist at Crisil Ltd, said the RBI's decision to maintain the polic ...Read More >
NEW DELHI : Royal Orchid Hotels Limited (NSE: ROHLTD.NS), today announced the signing of a strategic agreement with Hilton ( NYSE : HYT), to sign and open 125 Hampton by Hilton hotels in India. The partnership accelerates Hilton's upper midscale expansion in India, where rising domestic travel and growing demand from the country's expanding middle class are driving strong opportunities in the mid-market segment. The franchised hotels will primarily be developed across western and southern market ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent is likely to provide stability for mortgage rates, real estate industry leaders said on Wednesday. Shrinivas Rao, FRICS, CEO, Vestian welcomed the pause as a relief for developers and homebuyers as it will keep mortgage rates competitive when construction costs remain elevated over the ongoing West Asia crisis. Rao said the move could help cushion the impact of rising input cos ...Read More >
New Delhi, April 8 (UNI) The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, announced on Wednesday that the Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 5.25%. Speaking about GDP numbers, the Governor said, "As per the new GDP series comes into play, the real GDP growth for last year is estimated at 7.6%. In terms of quarterly GDP growth projection, the growth for Q1 is projected at 6.8%, Q2 at 6.7%, Q3 at 7% and Q4 at 7.2%." In terms of in ...Read More >
Mumbai, April 8, 2026 (ANI): The RBI Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, has kept the Repo Rate unchanged at 5.25% with a neutral stance. The central bank highlighted concerns over global trade disruptions, the ongoing West Asia conflict, and their impact on India's economic growth, merchandise exports, and inflation. RBI projects GDP growth at 6.9% for FY 26-27 and CPI inflation at 4.6%, while noting the volatility ivn domestic and global markets. ...Read More >
Bengaluru : Akamai (NASDAQ: AKAM) announced the appointment of Fiona Zhang as Regional Vice President, Channel Sales and Programs for Asia Pacific and Japan, reinforcing its commitment to a channel-first growth strategy and the critical role partners play in scaling its cloud and security business across the region. In her new role, Fiona will lead Akamai's channel strategy and partner ecosystem across Asia Pacific and Japan, focusing on enabling partners to deliver greater value to customers a ...Read More >
MUMBAI: The Reserve Bank of India kept its key policy rate unchanged on Wednesday while warning of lower growth and higher inflation as the Middle East crisis reverses a "Goldilocks" phase for the South Asian economy. Overnight, the U.S and Iran announced a two-week ceasefire in hostilities after more than a month of fighting, which pushed oil prices sharply higher and disrupted the supply of gas to economies the world over. India, which imports 90% of its oil supplies, is seen as among the mo ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Prime Minister Narendra Modi on Wednesday said that the Pradhan Mantri Mudra Yojana (PMMY) reflects an economic ethos where opportunities are accessible, initiatives are encouraged, and every dream is given the support to grow. Taking to social media platform 'X', the PM Modi said, "PM Mudra Yojana reflects an economic ethos where opportunities are accessible, initiatives are encouraged and every dream is given the support to grow." He also shared a post by ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank of India kept its key policy rate unchanged on Wednesday, adopting a cautious wait-and-watch stance as policymakers assessed the fallout from the six-week Iran conflict on energy supplies, inflation and growth. The central bank's six-member Monetary Policy Committee voted unanimously to keep the benchmark repurchase rate at 5.25 per cent, flagging heightened uncertainty after the West Asia conflict drove crude prices sharply higher, weakened the rupee and di ...Read More >
New Delhi: The Reserve Bank of India has kept the repo rate unchanged at 5.25%, offering immediate relief to homebuyers and borrowers as loan EMIs are expected to remain stable for now. No Immediate Impact on EMIs With the repo rate unchanged, banks are unlikely to increase lending rates in the short term, meaning existing home loan borrowers will not see a rise in their EMIs. This move provides financial predictability and helps borrowers better manage their monthly budgets. The decision is ...Read More >
New Delhi, April 8: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but noted that inflatio ...Read More >
NEW DELHI: The Reserve Bank of India (RBI) has projected India's economic growth to moderate to 6.9% in 2026-27, while inflation is expected to edge higher to 4.6%, as geopolitical tensions and global supply disruptions cloud the macroeconomic outlook. Announcing the first bi-monthly monetary policy of FY27, the RBI said the Monetary Policy Committee (MPC) retained the policy repo rate at 5.25% and maintained a neutral stance, citing a complex trade-off between supporting growth and containing ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday estimated India's real GDP growth at 7.6 per cent for FY26 under a new GDP series, while flagging emerging risks from geopolitical disruptions. The FY26 growth reflects resilience supported by strong services activity, manufacturing expansion and robust domestic demand. For FY27, the Central Bank has projected growth at 6.9 per cent, indicating a moderation as external risks and cost pressures begin to build, said ...Read More >
New Delhi [India], April 8 (ANI): Real GDP growth for the current year is projected at 6.9 per cent, the Governor of Reserve Bank of India, Sanjay Malhotra, said on Wednesday. The Governor projected that the growth trajectory for the year showed a steady pattern across all four quarters. The central bank estimated first-quarter growth at 6.8 per cent, followed by 6.7 per cent in the second quarter. Projections for the third and fourth quarters stood at 7 per cent and 7.2 per cent, respectively. ...Read More >
By Jaspreet Kalra and Abinaya V MUMBAI, April 8 (Reuters) - The Reserve Bank of India kept its key policy rate unchanged on Wednesday as it awaits clearer evidence of the impact from the Iran war on the South Asian nation's economy. While risks to growth and inflation have risen due to the Middle East crisis, the rate panel chose to "wait and watch", RBI Governor Sanjay Malhotra said while announcing the policy decision. The RBI's six-member monetary policy committee voted to keep the repo ra ...Read More >
MUMBAI, April 8 (Reuters) - The Reserve Bank of India kept its key policy rate unchanged on Wednesday as it awaits clearer evidence of the impact from the Iran war on the South Asian nation's economy. While risks to growth and inflation have risen due to the Middle East crisis, the rate panel chose to "wait and watch", RBI Governor Sanjay Malhotra said while announcing the policy decision. The RBI's six-member monetary policy committee voted to keep the repo rate (INREPO=ECI), opens new tab st ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but no ...Read More >
New Delhi [India], April 8 (ANI): The Reserve Bank of India is set to announce its first bi-monthly Monetary Policy Statement for the financial year 2026-27 today. Governor Sanjay Malhotra will deliver the decisions of the six-member Monetary Policy Committee at 10 this morning. The committee deliberated on interest rates, inflation outlook, and growth projections since Monday. Speaking to ANI, experts indicated a strong consensus for a status quo on the current repo rate, with most suggesting ...Read More >
Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >
Investing.com -- UBS on Monday nudged down its S&P 500 price targets, flagging elevated oil prices from the Middle East conflict as a threat to growth and a likely delay to Federal Reserve rate cuts, though the bank maintained its broadly positive outlook on U.S. equities. The firm cut its June 2026 S&P 500 target from 7,300 to 7,000 and its December 2026 target from 7,700 to 7,500. Its earnings estimate for 2026 was left unchanged at $310 per share, implying 11% growth. "Slightly weaker growt ...Read More >
HYDERABAD BRS working president and former IT Minister K.T. Rama Rao highlighted Telangana's rapid economic and technological transformation, describing it as the "most successful start-up State in India", while addressing the 21st Annual India Business Conference at Columbia Business School in New York. Speaking to students, entrepreneurs and global investors, he said that the State, born out of a prolonged struggle, had emerged as a trendsetting model of governance, innovation and economic p ...Read More >
Hyderabad/Bengaluru, April 6 (RAHNUMA): K.T. Rama Rao, working president of Bharat Rashtra Samithi and former minister, has been invited as the chief guest for the "Entrepreneur India Idea Awards 2026". The prestigious event will be held on April 16, 2026, at Sheraton Grand Bengaluru Whitefield Hotel, bringing together over 300 entrepreneurs, investors and industry leaders. The Entrepreneur India Awards celebrate visionary leaders, innovative startups and changemakers who are shaping India's en ...Read More >
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which drove up their 2025-26 spending beyond the target. Capital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Valley Corporation jumped 62% year-on-year to ₹1.10 lakh crore in March, showed the latest Department of Public Enterprises data. The surge ...Read More >
National Maritime Day commemorates the maiden voyage of S.S. Loyalty, which sailed from Mumbai to London on April 5, 1919. National Maritime Day is a significant day in India, celebrated annually on April 5 to commemorate the historic voyage of S.S. Loyalty, the first Indian-owned steamship. This momentous event, which took place in 1919, marked India's entrance into international shipping and laid the foundation for the country's maritime heritage. Today, National Maritime Day is not only a c ...Read More >
Navi Mumbai, April 7: The City and Industrial Development Corporation (CIDCO) has presented a Rs 16,250 crore budget for FY 2026-27, with a strong focus on infrastructure expansion, regional connectivity and housing development across Navi Mumbai and its growth corridors. The corporation has projected a surplus of Rs 100 crore, with estimated receipts of Rs 16,250 crore and expenditure of Rs 16,150 crore. Balanced fiscal performance in previous year Reviewing the previous financial year, CIDCO ...Read More >
New Delhi [India], April 7 (ANI): The Reserve Bank of India (RBI) is likely to maintain a status quo on interest rates in its upcoming policy, even as geopolitical risks rise, with GDP growth expected to face a potential impact of 0.5 to 1 per cent, said Ranen Banerjee, Partner and Economic Advisory Leader at PwC India. Also Read | Usman Khawaja Spots Lionel Messi Lookalike in Pakistan (Watch Video). Speaking to ANI ahead of the policy announcement, Banerjee said that monetary policy action ma ...Read More >
A bench of justices Sanjay Karol and N Kotiswar Singh said that despite constitutional guarantees and sustained institutional efforts, "patriarchy still permeates the everyday," raising a troubling question for society at large: Why does control over women's bodies, choices, and lives persist so deeply? The court made these observations while affirming the life sentence of a man convicted of murdering his wife in Rajasthan in 2011 by setting her ablaze. It said the incident is rooted in domesti ...Read More >
New Delhi, April 7 (SocialNews.XYZ) India's headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI's April policy is likely to keep rate changes on hold in a cautious tone, a report said on Tuesday. The report from Yes Bank said GDP growth is expected to moderate to about 7 per cent with downside risks if the US-Iran war persists. "Growth has remained resilient so far, supported by domestic demand - both private consumption demand and government's ...Read More >
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