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RBI booster: EMIs, tenure set to come down for home loan borrowers

New Delhi, June 6: The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said on Friday.The decision comes at a pivotal time, as India, now the world’s fourth-largest economy, is...
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RBI pegs India’s GDP growth at 6.5% for 2025-26

Mumbai, June 6: The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum.The quarterly growth rates projected for the...
EAM Jaishankar lays out three objectives to bolster India-Central Asia trade ties
Business

EAM Jaishankar lays out three objectives to bolster India-Central Asia trade...

New Delhi, June 6: External Affairs Minister (EAM) S. Jaishankar has urged the India-Central Asia Business Council to recommend a roadmap for further deepening of India-Central Asia ties in trade, economic and investment.Addressing the Business Council meeting in the national capital, EAM Jaishankar...
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Maruti Suzuki expands solar capacity in India, earmarks over Rs 925 crore

New Delhi, June 4: Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects.The automaker commissioned a 20MWp solar power project at its...
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Smaller cities to drive India’s quick commerce market to $57 billion by 2030

New Delhi, June 4: Riding on a surge in online orders in smaller cities and towns, India is likely to see its quick commerce (QC) total addressable market (TAM) reach $57 billion by 2030, according to a new report.Morgan Stanley has updated its forecast from earlier $42 billion, as quick...
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Sensex, Nifty open higher amid positive global cues

Mumbai, June 4: Indian frontline indices opened in the green on Wednesday following positive cues from the global markets.At 9:26 am, Sensex was up 155.81 points or 0.19 per cent at 80,893.32 and Nifty was up 60 points or 0.25 per cent at 24,602.80.Buying was seen in the midcaps and smallcaps. Nifty...
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RBI MPC begins, all eyes on 3rd rate cut as inflation stays benign

New Delhi, June 4: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo rate to 5.75 per cent.Chaired by RBI...
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Nifty Bank hits record high, crosses 56,000 for 1st time ahead of RBI MPC

Mumbai, June 3: The Nifty Bank index touched a record high of 56,161.40 on Tuesday morning, crossing the 56,000 mark for the first time ever.The surge was driven by strong buying in select banks as investors showed optimism ahead of a possible interest rate cut by the Reserve Bank of India (RBI)...
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Business

IICA to establish its first Rs 100-crore regional campus in northeast

In a bid to advancing corporate governance excellence and sustainable development in the northeast, the Indian Institute of Corporate Affairs (IICA) on Tuesday announced to establish its first regional campus in the region
India delivers solar power 24/7 at a cost lower than coal: Pralhad Joshi
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India delivers solar power 24/7 at a cost lower than coal: Pralhad Joshi

New Delhi, June 3: Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday highlighted that solar+storage in India is now cheaper than industrial electricity tariffs in most states, as these prices have been fixed for decades, citing a new study.“This breakthrough is a...
Energy major TotalEnergies ‘committed’ to support Adani Greens growth: CEO
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Energy major TotalEnergies ‘committed’ to support Adani Green's growth: CEO

In a meeting with Commerce and Industry Minister Piyush Goyal here, Pouyanne said they are committed to continuing to support the expansion of Adani Green
India-Oman free trade pact may be signed soon: Piyush Goyal
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India-Oman free trade pact may be signed soon: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has indicated that India is likely to sign a free trade agreement (FTA) with Oman soon, as the talks between the two countries are making headway
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