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RBI will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said
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The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The Reserve Bank of India (RBI) has projected economic growth at 6.5 per cent for the June quarter and 6.7 per cent for the September quarter
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The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh, borrowers can get up to Rs 85,000 as a loan, up from Rs 75,000
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RBI Governor Sanjay Malhotra said the central bank is concerned about cryptocurrencies as it can hamper financial stability
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While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how well it can adapt to higher input costs and ongoing global uncertainties
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Shares of Elon Musk's electric vehicle maker plunged more than 14% in a stunning wipe-out as investors dumped holdings amid a bitter war of words between the President and the world's richest man
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India's exports to the US are rising, and it can increase imports of products like shale gas, LNG, and crude oil from America to diversify its import basket, as prices of these items are lower in the US, an official said
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The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on June 6
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Finance Minister Nirmala Sitharaman is set to review the state of the economy amid global uncertainties at a meeting of the Financial Stability and Development Council (FSDC) on June 10
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CAIT and Meta have launched an initiative to equip 25,000 women traders across India with digital skills using the WhatsApp Business App
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The Maruti Suzuki company commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility
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FM Nirmala Sitharaman asked the DRI officers to investigate "holistically," keeping the big picture in focus and not merely chasing "isolated infractions"
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India’s AI strategy is pro-innovation and people-centric, focusing on responsible, ethical, and safe AI applications
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The Aayog, in a working paper titled 'Promoting India-US Agricultural Trade Under the New US Trade Regime', said that India's agricultural sector needs safeguards to ensure price stability for both producers and consumers against excessive volatility in international markets
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The unique industry-wide initiative to collaboratively foster tech and AI innovation will connect companies with transformative innovations across domains such as advanced manufacturing, AI, IoT, energy efficiency, materials science, and more
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ChatGPT maker OpenAI announced the next phase of its global ‘AI for Impact Accelerator Programme’ in India, highlighting a year of support for mission-driven organisations using artificial intelligence to solve real-world social problems
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Global airlines' grouping IATA said there needs to be greater certainty in India's taxation system, which is very complex
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India's largest IT services company, TCS, announced a seven-year extended partnership with Virgin Atlantic to modernise the airline's core systems with AI-led solutions that will amplify personalised, connected, sustainable experiences
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Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era
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Global automobile makers, including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said