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RBI Monetary Policy Highlights 2024-12-07 14:52:12
The Reserve Bank of India (RBI) today, December 6, announced its fifth bi-monthly monetary policy for FY2025. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, decided to maintain the policy by a majority of 4:2. The...
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Read MoreDonald Trump's Recession 'Cure' will be Worse than a Disease 2025-03-13 09:15:34
Is there a possibility of categorizing recessions as “good” or “bad,” akin to the distinction between good and bad cholesterol? This query arises as global markets contemplate the potential for a recession in the United States, the foremost economy that...
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Read MoreNarendra Modi receives Ceremonial Guard of Honour in Sri Lanka 2025-04-05 10:45:02
On Saturday, Prime Minister Narendra Modi was honored with a ceremonial guard in Sri Lanka as he commenced his inaugural visit to the island during his third term in office. The two nations formalized seven Memorandums of Understanding (MoUs) covering...
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Read MoreUS Federal Reserve cuts Key Interest Rate by 0.25 percent 2024-12-19 07:26:42
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, signaling a future weakening in interest rates and triggering a sharp selloff in financial markets. Policymakers voted 11-1 to cut the central bank's key interest...
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Read MoreLuxury automakers hike prices up to 3 percent 2024-11-25 10:27:27
Amid increasing inflationary pressures, rising material costs and rising operating costs, luxury car makers Mercedes-Benz India and BMW India have announced a price hike of up to 3% for all models from January 1, 2025. Mercedes-Benz India has adjusted ex-showroom...
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Read MorePahalgam terror attack may Derail Jammu and Kashmir Tourism 2025-04-23 14:13:05
The recent terrorist attack in Pahalgam, which resulted in the deaths of at least 26 individuals, predominantly tourists, has caused widespread alarm throughout the nation. This tragedy is set to significantly harm the tourism industry in Jammu & Kashmir, a...
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