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FIEO welcomes RBI rate cut, anticipates strong boost for exporters, trade finance and economic growth

New Delhi, Dec. 5 -- The Federation of Indian Export Organisations (FIEO) welcomed the Reserve Bank of India's decision to reduce the repo rate by 25 basis points, describing it as a timely and encour... Read More


Airport turbulence: IndiGo requests relief, no solace for travellers after 600 flights cancelled

India, Dec. 5 -- India's biggest airline IndiGo cancelled over 400flights on Thursday - the third consecutive day of chaos - as the carrier admitted to aviation regulators that its operational meltdow... Read More


FISME, Other Industry Bodies Hail Rate Cut, Hope Banks Transmit It Soon

New Delhi, Dec. 5 -- Industry associations have hailed the RBI's 25-basis-point cut in the policy repo rate to 5.25 per cent as a timely measure to enhance liquidity and ease borrowing costs for busin... Read More


Rare goldilocks period: RBI Governor points to India's high economic growth, low inflation phase

Mumbai, Dec. 5 -- RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that currently marks high economic growth and exceptionally l... Read More


JPY/INR futures end lower at 58.22

Mumbai, Dec. 5 -- On the NSE, USD/INR futures ended marginally higher at 90.12. EUR/INR and GBP/INR edged lower to end at 105.10 and 120.10 respectively. JPY/INR also fell 0.13% to close the day at 58... Read More


RBI Governor revises inflation outlook downward to 2% for FY26, reducing 0.6%

Mumbai, Dec. 5 -- The Reserve Bank of India (RBI) on Friday revised the inflation outlook for the current financial year, FY26, projecting CPI inflation at 2 per cent, marking a reduction of 0.6 per c... Read More


ICT Division publishes draft National Source Code Policy

Dhaka, Dec. 5 -- The Information and Communication Technology (ICT) Division published on Thursday the draft of the National Source Code Policy 2025 on its official website, with the slogan "Public Mo... Read More


11-month public investment disbursement reaches over 60% of yearly plan

Hanoi, Dec. 5 -- Vietnam disbursed 553.25 trillion VND (20.98 billion USD) in public investment over the past 11 months, equivalent to 60.6% of the plan set by the Prime Minister and up 2.4% year-on-y... Read More


Spoof of Nikhil Kamath's 'missed questions' for Elon Musk goes viral, Zerodha billionaire reacts

India, Dec. 5 -- A highly anticipated interview between Elon Musk and Zerodha co founder Nikhil Kamath was released on Sunday, and it has dominated online conversations ever since. Riding on the wave ... Read More


62 years on, Bhakra Dam set for first-ever desilting

Chandigarh, Dec. 5 -- Sixty-two years after the Bhakra Dam was dedicated to the nation in 1963, the iconic structure is preparing for its first-ever desilting operation amid reports of alarming sedime... Read More