Doing very well! RBI guv says India contributing more to global economy than US

Reserve Bank of India governor Sanjay Malhotra on Wednesday gave a firm reply to Donald Trump’s ‘dead economy’ remark, assuring that India’s economy is “doing very well” and contributing more to global growth than the United States.Speaking to reporters at the RBI headquarters, Malhotra highlighted India’s resilience and strong performance even as Trump’s controversial remark…

Read More

Reality check for Trump’s tariff threats! US, Europe continue to import billions worth of goods from Russia; where does India stand?

What do the European Union and United States of America import from Russia? How does it compare to the India-Russia trade? US President Donald Trump may be irked with India’s oil trade with Russia, but the European Union and America continue to purchase Russian energy and commodities worth billions of euros and dollars, including liquefied…

Read More

‘To make settlement simpler’: RBI to simplify claims process for deceased customers’ nominees; banks launch re-KYC drive for Jan Dhan accounts

RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims settlement process for bank accounts and safe deposit lockers of deceased customers to ease the burden on nominees trying to access funds.Addressing the third bi-monthly…

Read More

Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’

US President Donald Trump has issued a warning about increasing tariffs on India beyond the current 25%. (AI image) RBI governor Sanjay Malhotra on Wednesday indicated that it is difficult to predict the impact of the tariffs imposed by the Donald Trump administration on India. The RBI-led Monetary Policy Committee (MPC) has kept the repo…

Read More

‘I never said a percentage’: Trump on increasing tariffs on countries buying Russian energy; Nikki Haley warns against hurting India, sparing China

US President Donald Trump on Tuesday reignited trade tensions saying he “never said a percentage” when asked about imposing steep tariffs on countries purchasing Russian energy, including India.Speaking at a White House press conference, originally scheduled to focus on the upcoming 2028 Los Angeles Olympics, Trump was asked whether he planned to impose a 100%…

Read More

RBI MPC meet: RBI governor Sanjay Malhotra says repo rate kept unchanged at 5.5%; what does it mean for your loan EMIs?

RBI monetary policy review RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5% in the August monetary policy review. From a loan borrowers perspective this means that your there is no further repo…

Read More

Stock market today: Nifty50 opens flat; BSE Sensex near 80,700 ahead of RBI policy decision

Market experts anticipate sideways trading, with attention focused on the Reserve Bank of India’s monetary policy. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in flat in trade on Wednesday ahead of the RBI monetary policy review decision. While Nifty50 was near 24,650, BSE Sensex was flat at around…

Read More

Gold price prediction today: Where is gold rate headed in the near-term amidst Trump’s tariff war? Here’s the outlook

Gold price prediction: old direction still remains sideways to slightly positive for the current week. (AI image) Gold price prediction today: Gold rates are likely to maintain a sideways bias with limited upside in the near-term future. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations…

Read More