Exclusive

Publication

Byline

RBI Holds Repo Rate at 5.25%; Realty Industry Sees Stability as Growth Driver The Reserve Bank of India's (RBI) decision to maintain the repo rate at 5.25% and retain its 'neutral' monetary policy stance in the third bi-monthly Monetary Policy Committee (MPC) meeting of FY27 has elicited a measured response from the real estate industry. While the sector had hoped for a rate cut to further enhance home loan affordability and stimulate housing demand, industry leaders believe the RBI's decision reflects a balanced approach amid elevated global uncertainties, volatile energy prices, and inflationary concerns. They noted that stable interest rates will continue to support buyer confidence, provide financial predictability for developers, and sustain the momentum witnessed in the residential real estate market. Mr. Kamlesh Thakur, President, NAREDCO Maharashtra "The RBI's decision to maintain the repo rate at 5.25% while retaining a neutral stance reflects a prudent approach amid global uncertainties and evolving inflation dynamics. While the industry was hopeful of a rate cut, policy stability itself provides confidence to both developers and homebuyers. With borrowing costs remaining unchanged, housing demand is expected to continue its momentum, particularly in the mid-income and premium segments. The upward revision of India's GDP growth projection to 6.7% underscores the resilience of the domestic economy. Going forward, as inflation moderates in line with the RBI's expectat

New Delhi, Aug. 5 -- The Reserve Bank of India's (RBI) decision to maintain the repo rate at 5.25% and retain its 'neutral' monetary policy stance in the third bi-monthly Monetary Policy Committee (MP... Read More


India panel demands Meta apology over Modi videoPublished on: August 5, 2026 9:34 PM

Pakistan, Aug. 5 -- An Indian parliamentary panel has called on Meta CEO Mark Zuckerberg to apologise over the temporary removal of a video featuring Prime Minister Narendra Modi. The incident has rai... Read More


Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023

Bhubaneswar, Aug. 5 -- The Government of India has operationalised the Inventory-based Cross-border E-Commerce Export Framework under the Foreign Trade Policy (FTP), 2023 through Notification No. 27/2... Read More


Indonesia maintains fuel subsidy as global oil prices stay high

Jakarta, Aug. 5 -- Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto said the government will keep the price of subsidized Pertalite gasoline unchanged through December despite... Read More


Griffon Reports Profit In Q3

India, Aug. 5 -- Griffon (GFF) reported that its third quarter income from continuing operations totaled $66.3 million, or $1.47 per share, compared to a loss from continuing operations of $108.7 mill... Read More


Bharti Airtel gains after Q1 PAT climbs 42% YoY to Rs 8,424 cr

Mumbai, Aug. 5 -- Consolidated revenue from operations increased 18.35% YoY to Rs 58,539.1 crore aided by robust growth across its India and Africa operations. Profit before exceptional items and tax... Read More


Manipal Health IPO listing: Shares list at 11% premium over the IPO price

New Delhi, Aug. 5 -- Manipal Health share price made a strong debut in the Indian stock market on Wednesday, 5 August. The stock listed at 11% premium over the IPO price of Rs.590. Manipal Health sha... Read More


BSE shares swing despite Q1 profit jump

New Delhi, Aug. 5 -- BSE shares swung on Wednesday after opening about 1 per cent higher despite the exchange reporting strong June quarter earnings. The stock traded at Rs.3,588.20 on the NSE at 9.3... Read More


Tamil Nadu Budget set to be tabled amid high political drama

New Delhi, Aug. 5 -- Tamil Nadu's ruling Tamilaga Vetri Kazhagam (TVK) Government, led by CM Joseph Vijay, is set to present its maiden Financial Budget statements at 10:00 am on Wednesday at the Stat... Read More


EU Receives €1.4 Bln In Revenue From Immobilized Russian Assets

India, Aug. 5 -- The European Union has received €1.4 billion in windfall profits generated by the interest on the cash balances originating from immobilized assets of the Central Bank of Russia... Read More