RBI Governor: Economy in Enhanced 'Goldilocks' Phase
RBI Governor Sanjay Malhotra states India's economy is in an even stronger 'Goldilocks period' with improved growth and controlled inflation, while indicating low policy rates will persist.
RBI Governor Sanjay Malhotra states India's economy is in an even stronger 'Goldilocks period' with improved growth and controlled inflation, while indicating low policy rates will persist.
The National Stock Exchange of India has formally approved its long-awaited IPO, with a 4-4.5% stake sale expected. It also announced a new coal exchange subsidiary and reported strong quarterly earnings.
Harshavardhan Chitale, Hero MotoCorp's new CEO, outlines a strategy focusing on premium products, scooters, electric vehicles, and exports to drive growth for India's top two-wheeler maker.
Progressive farmers in Prayagraj's Meja area are revolutionizing agriculture by cultivating strawberries in polyhouses using mulching technology, achieving massive profits and meeting metropolitan demand.
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RecommendedUS stock markets rose on Friday, recovering from heavy losses as technology shares and bitcoin showed signs of stability. The rebound followed concerns over AI spending impacting corporate profits.
An IndiGo flight from Bengaluru to Mumbai encountered a landing gear lever problem but landed safely at Chhatrapati Shivaji Maharaj International Airport. All passengers and crew are safe.
Tube Investments of India Ltd (TII) announces a strategic move into metal injection molding by acquiring an 87% stake in Orange Koi Pvt Ltd for up to ₹73 crore, expanding its precision manufacturing portfolio.
Punjab's housing department has issued a notification for constructing new roads across nearly 1,300 acres in Mohali and New Chandigarh. The project aims to strengthen traffic systems, improve connectivity, and boost real estate investment in the region.
Amazon shares plummeted 10% on Nasdaq after announcing a $200 billion AI infrastructure spending forecast, raising investor concerns about long-term returns and profit margins.
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RecommendedA gas leak at Sinex Metchem Pharma Company in Sarigam, Valsad, hospitalized four, including the owner. GPCB and fire teams responded, with the cause under investigation.
India's market regulator Sebi has set a May 2026 deadline for AIFs to submit Net Asset Value details for each ISIN to depositories via RTAs, aiming to boost transparency and operational efficiency.
Congress leader Balbir Singh Sidhu warns that the proposed India-US trade agreement could devastate Punjab's agrarian economy, dairy sector, and small-scale industries, urging government protection.
Indian equities recorded their strongest weekly performance in nine months, driven by US-India trade pact optimism, while IT stocks tumbled due to AI automation fears. The market saw extreme volatility with both steep falls and sharp gains.
Farmer leaders in Maharashtra warn of mass protests against a proposed India-US trade deal allowing unrestricted agricultural imports, citing threats to livelihoods and competition from US subsidies and yields.
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RecommendedGold and silver prices dropped sharply in India on Friday, with silver plunging nearly 5% and gold falling over 2%, as investors booked profits. Domestic declines contrasted with a recovery in global markets later in the day.
Wall Street experienced a significant bounce-back in trading, with chip stocks driving the recovery. The market rebound highlights renewed investor confidence in the technology sector.
Goldman Sachs has implemented fully autonomous AI agents to automate complex, process-intensive roles within the bank, powered by Anthropic's Claude model, as part of a multiyear AI reorganization.
The Reserve Bank of India is likely to keep interest rates unchanged in its upcoming policy review, as inflation pressures persist, according to a report by Crisil. This decision reflects ongoing economic challenges.
Kotak AMC's Deepak Agarwal forecasts the RBI MPC will maintain current interest rates through FY27, citing improved economic growth and controlled inflation. This outlook signals stability for investors and businesses in India.
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RecommendedPadma Bhushan Ram Badan Singh and Padma Shri Ashok Kumar Singh visited the IRRI South Asia Regional Centre in Varanasi, praising its scientific excellence and contributions to rice research and farmer solutions.
The Washington Post has implemented its largest-ever layoffs, affecting one-third of employees. A journalist on maternity leave shared her experience online, facing xenophobic and cruel comments.
Bharti Airtel plans to expand data centre capacity to 1GW and become a leading sovereign cloud provider. The company also awaits DoT response on AGR dues parity with Vodafone Idea.
Gold prices rebounded sharply on Friday, driven by US rate cut expectations and geopolitical talks, while silver extended its losing streak amid high volatility and margin hikes.
Vijay Raja Homes, rebranding as VRX, has raised Rs 80 crore through Non-Convertible Debentures from Sundaram Alternates. The funds will accelerate construction and support new residential developments in Chennai.
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RecommendedIndian banks will now pay deposit insurance premiums based on financial health, with safer banks receiving discounts while weaker ones pay flat rates, as DICGC implements a new risk-based framework from April.
US President Donald Trump announces a new trade agreement with India. PM Modi welcomes the deal, which reduces tariffs on Made in India products from up to 50% to 18%. Commerce Minister Piyush Goyal hails it as India's most favorable trade pact.
At the EU Chambers Tourism Conclave in Mumbai, Vijayta Raheja declared India is no longer a third world nation, highlighting its economic growth and tourism potential.
The Reserve Bank of India maintained the repo rate at 6.5% in its latest monetary policy review, citing persistent inflation risks and global economic uncertainties as key factors for its cautious approach.
Amazon's internal joke listing Chris Hemsworth as 'Chief Heartthrob' on company org charts during Super Bowl week sparked employee anger amid recent layoffs and low morale.
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RecommendedThe Madras High Court dismissed actor-politician Vijay's petition challenging a Rs 1.5 crore income tax penalty, ruling the department's action was legally valid and within limitation period.