Tag: India

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RBI maintains status quo: Keeps Repo rate at 5.25%, neutral stance kept as economy faces West Asia and monsoon risks

The Reserve Bank of India retained the repo rate at 5.25% with a neutral stance in June 2026, while cutting FY27 GDP growth forecast to 6.6% from 6.9% due to geopolitical tensions, elevated energy prices, and weather risks.

India’s economy beats expectations: GDP growth reaches 7.7% in FY25-26 despite global headwinds

India's GDP grew 7.7% in FY2025-26, exceeding government estimates. MoSPI releases provisional figures while RBI cuts FY27 forecast to 6.6% due to West Asia conflict, oil prices, and monsoon concerns.

The government bonds become tax-free for foreign investors, aims to enhance the attractiveness of these bonds

The Indian government has removed all taxes on interest income and capital gains for foreign investors in government bonds.

The era of Vaibhav Sooryavanshi begins: Teen sensation included in Indian T20 team for the tour of Ireland and England, and the Asian Games

Vaibhav Sooryavanshi has been included in the Indian T20 side for the tours of Ireland and England. He has also been included in the team for the Asian Games 2026.

India’s 2025-2026 Q4 GDP grows by 7.8%, taking full-year growth to 7.7%  

The upward revision of the growth estimate follows the incorporation of economic data for the fourth quarter of the financial year, which was unavailable when the Second Advance Estimates were released in February.

Kolkata joins National Water Metro program as West Bengal announces Rs 22,700 crore ports and coastal infrastructure push

West Bengal Government officially announces Kolkata's entry into the National Water Metro Programme with Rs 22,700 crore investment for ports, 44 new jetties, and coastal infrastructure development under Sagarmala 2.