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No rate cut! RBI keeps repo rate unchanged, sees 6.7% growth but warns inflation will rise

Mumbai/IBNS, Aug. 5 -- The Reserve Bank of India (RBI) on Wednesday projected India's real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 in its latest Mo... Read More


Mark Zuckerberg apologises over CSAM and deepfake content, platform errors: Sources

New Delhi, Aug. 5 -- Meta CEO Mark Zuckerberg has sent his apologies to the government over Child Sexual Abuse Material (CSAM), deepfake content and errors in the operation of the social media platfor... Read More


InsuranceDekho Appoints Rohan Mittal as Chief Financial Officer to Lead Next Phase of Growth

Bhubaneswar, Aug. 5 -- InsuranceDekho, one of India's one of India's fastest growing leading insurtech platforms, has appointed Rohan Mittal as its Group Chief Financial Officer (CFO), as it strengthe... Read More


Elantas Beck India Ltd leads gainers in 'B' group

Mumbai, Aug. 5 -- Diamines & Chemicals Ltd, ASK Automotive Ltd, Supreme Infrastructure India Ltd and Saurashtra Cement Ltd are among the other gainers in the BSE's 'B' group today, 05 August 2026.Elan... Read More


Infantino gains African backing amid FIFA disputePublished on: August 4, 2026 11:45 PM

Pakistan, Aug. 5 -- African football leaders have backed FIFA President Gianni Infantino as he seeks support ahead of next year's presidential election. The backing comes amid criticism over FIFA's le... Read More


RBI to standardize rules on loan rates to improve transparency, consumer protection

Mumbai, Aug. 5 -- The Reserve Bank of India (RBI) plans to draft rules to standardize the pricing of loans by regulated entities, aiming to improve transparency and consumer protection, governor Sanja... Read More


DRI busts psychotropic drug manufacturing unit in Maharashtra's Satara district

New Delhi, Aug. 5 -- The Directorate of Revenue Intelligence (DRI) busted an illegal psychotropic drug manufacturing facility in Satara district in Maharashtra and arrested two persons as part of a su... Read More


High frequency indicators point towards steady domestic demand in Q1FY27

Mumbai, Aug. 5 -- Reserve Bank of India (RBI) has stated in its latest monetary policy statement today that the Indian economy has remained resilient amidst persisting global headwinds. High frequency... Read More


Ola Electric jumps after entering utility-scale battery energy storage business

Mumbai, Aug. 5 -- The company signed the MoU with Axis Energy, outlining the potential deployment of up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement also envisages scaling... Read More


Indonesia tailors internet expansion to local conditions

Jakarta, Aug. 5 -- The Indonesian government is moving away from relying solely on Base Transceiver Station (BTS) towers to expand internet access, opting instead to tailor its approach to local geogr... Read More