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RBI rate cut: How it impacts lenders?

Mumbai, June 7 -- The Reserve Bank of India's (RBI) Monetary Policy Committee on Friday cut the repo rate by 50 basis points (bps) to 5.50%. This is the third straight rate cut, leading to a cumulativ... Read More


Easier gold loans for small borrowers likely

Mumbai, June 7 -- The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan framework-raising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ap... Read More


Retail inflation in May could drop below 3%: Economists

New Delhi, June 7 -- Higher supplies of tomatoes, onions, and potatoes, softer global gold prices, and a favourable base effect may have eased retail inflation further to 3% or below in May, the lowes... Read More


Starlink gets licence to offer satcom in India

New Delhi, June 7 -- After a three-year wait, Elon Musk-owned Starlink has finally received the green light to launch its satellite internet services in India - a move that could bring connectivity to... Read More


Tata Motors, JLR flag China risk in EV supply chain

New Delhi, June 7 -- Tata Motors Ltd and Jaguar Land Rover have separately highlighted risks to their electric vehicle business for the first time ever, including potential production delays and short... Read More


Mallya could return, but rough landing ahead

Mumbai/Bengaluru/New Delhi, June 7 -- After nearly a decade of silence, Vijay Mallya, the flashy business tycoon who founded one of India's fanciest airlines that eventually went kaput and resulted in... Read More


Political slugfest heats up as BJP intensifies attack on Cong govt

Bengaluru, June 7 -- The Opposition stepped up its attack on the Congress government in Karnataka on Friday, reiterating that chief minister Siddaramaiah and deputy chief minister DK Shivakumar take r... Read More


12 states likely undercounted deaths in 2022

New Delhi, June 7 -- India registered 8.6 million deaths in 2022, a 15% decline from 2021, two reports published by the Office of the Registrar General of India showed. However, excess deaths, or the ... Read More


Pak urges india to restore indus waters treaty in multiple letters

NEW DELHI, June 7 -- Pakistani authorities have written to their Indian counterparts several times since April to reconsider the decision to suspend the Indus Waters Treaty in response to the Pahalgam... Read More


IGI runway work set to hit 200 flights daily

New Delhi, June 7 -- Delhi's Indira Gandhi International (IGI) airport will cancel 114 flights daily and reschedule another 86 during a three-month runway closure from June 15 to September 15, airport... Read More