Indian Economy
Crisil Sees Inflation at ~4% This Year, Flags Room for Another RBI Rate Cut
The declining trend in inflation can open the door for another potential repo rate cut by the Reserve Bank of India (RBI), above and beyond the cumulative 100 basis points reduction already made, the report noted.
Boeing 787‑8 Dreamliner Under Scrutiny After Ahmedabad Air India Disaster
On Thursday, one of these—Air India's Flight AI171—crashed minutes after departure from Ahmedabad for Gatwick Airport in London.
India’s AI Industry to Triple, Reaching $17 Billion by 2027: Report
Strong enterprise technology spending, a thriving digital ecosystem, and a large pool of skilled talent are the reasons behind such quick growth.
Starlink Launches in India: ₹33,000 Equipment Fee + ₹3,000 Monthly After Trial
According to a report by ANI, Starlink has decided on a price plan specific to the Indian market. Users will need to spend about ₹33,000 on the satellite dish—the central hardware required to access the service. The monthly plan with unlimited data will cost ₹3,000.
India to Grow at 6.3% in FY26, Retains Title of Fastest Growing Major Economy: World Bank
In its recent Global Economic Prospects report, the World Bank forecast growth to be at an average of 6.6% per annum over the next two years starting FY 2026-27.
LIC Sees 13.8% Rise in Group Premiums in May
For the first two months of FY 2025–26, LIC's group premium increased 13.66%, reflecting persistent institutional demand.
Tesla Loses $380 Billion in Market Value as Trump-Musk Feud Sparks One of 2025’s Biggest Stock Crashes
The blowup was triggered when Musk sharply criticized Trump's most recent tax-and-spending bill on Twitter. Trump responded by vowing to pull federal contracts from Tesla and SpaceX.
World Bank: 269 Million Indians Moved Out of Extreme Poverty in the Past 11 Years
Based on the latest figures published by the World Bank, the percentage of Indians in extreme poverty fell drastically to 5.3% in 2022–23 from 27.1% during 2011–12.
RBI's 50 BPS Repo Rate Cut: Home Loan EMIs and Tenure Set to Decrease
This rate cut comes at the right time as India, now the world's fourth-largest economy, is seeing strong growth in the realty sector not just in big cities but also in tier 2 and tier 3 towns.
RBI Slashes Repo Rate by 50 Basis Points to 5.5%, Marks Third Straight Cut
With this fresh cut, the repo rate now stands at its three-year low, offering relief to home, auto, and corporate borrowers. The repo rate was previously at a similar level of 5.40 per cent on August 5, 2022.
Advertisement