Mumbai, Aug 6 (IANS) The RBI on Wednesday retained its forecast for India’s GDP growth at 6.5 per cent for FY 2025-26, despite global uncertainties, as it expects strong rural demand on the back of a good monsoon and robust government expenditure on big ticket infrastructure projects to propel growth.RBI Governor Sanjay Malhotra said, “The above normal southwest monsoon, lower inflation, rising capacity utilization and congenial financial conditions continue to support domestic economic acti…

Mumbai, Aug 6 (IANS) Following the Reserve Bank of India’s (RBI) decision on Wednesday to maintain the repo rate at 5.50 per cent, the benchmark index Nifty 50 experienced a slight decline, falling below the 24,600 resistance level.The Nifty 50 was trading at 24,569 as of 10.54 am, after an intraday decline of 0.33 per cent, while the Sensex stood at 80,473, down 0.29 per cent. Prior to the Monetary Policy Committee’s decision, Nifty and Sensex were down 0.08 per cent and 0.07 per cent, respecti…

Moscow, Aug 6 (IANS) Moscow on Wednesday said that it is not surprised by the record-long absence of a meeting between Russian President Vladimir Putin and his American counterpart Donald Trump, given the “unprecedented deterioration” of Russia-US relations during the tenure of former US President Joe Biden. Kremlin Spokesman Dmitry Peskov made the remarks on an assessment, which noted that for the first time in the modern history of Russia, the US-Russian summit had not been held even after mor…

Mumbai, Aug 6 (IANS) Shiv Sena(UBT) on Wednesday came out in support of Rahul Gandhi, the Leader of Opposition in the Lok Sabha, and raised questions about the Supreme Court’s observations, terming them “wrong in every manner”.”What has the Supreme Court achieved by making its observation that a ‘true Indian’ would not make a remark like China had occupied 2,000 square kilometres of Indian territory and Chinese troops were thrashing Indian soldiers in Aunachal Pradesh,” the Uddhav Thackeray ca…

Chennai, Aug 6 (IANS) Tamil Nadu has achieved a landmark economic growth of 11.9 per cent in real terms for the fiscal year 2024-25, marking the first instance of double-digit growth in over a decade. Celebrating the feat, Chief Minister M.K. Stalin on Wednesday said that the state’s goal of becoming a US$1 trillion economy by 2030 is now well within reach.The impressive growth figures were released by the Union Ministry of Statistics and Programme Implementation (MoSPI), placing Tamil Nadu at…

New Delhi, Aug 6 (IANS) The Enforcement Directorate (ED) on Wednesday conducted raids at 11 locations in the national capital and three states in connection with a global cyber fraud case involving Rs 260 crore. The ED conducted the raids under the Prevention of Money Laundering Act based on FIRs registered by the Delhi Police and the Central Bureau of Investigation.The raids were taking place in Noida (Uttar Pradesh), Gurugram (Haryana), Dehradun (Uttarakhand), and DelhiThe fraudsters cheated f…

Kolkata, Aug 6 (IANS) The BJP MPs from West Bengal are all set to raise the issue of the attack on the convoy of the leader of the opposition in the West Bengal Assembly, Suvendu Adhikari, at Cooch Behar in West Bengal. “One of our members will raise this issue on the floor of the Parliament and will seek discussions on the issue,” confirmed a BJP Lok Sabha member from West Bengal.According to him, while the Trinamool Congress is so vocal about creating a “false narrative” on alleged harassment …

Mumbai, Aug 6 (IANS) The Reserve Bank of India (RBI) on Wednesday pegged India’s CPI inflation at 3.1 per cent for FY2025-26, as the steady progress of the monsoon and robust kharif sowing are expected to keep food prices in check.RBI Governor Sanjay Malhotra said, “The inflation outlook for 2025-26 has become more benign than expected in June. Large favourable base effects combined with steady progress of the southwest monsoon, healthy kharif sowing, adequate reservoir levels and comfortabl…

New Delhi, Aug 6 (IANS) The Delhi Police’s Anti Auto Theft Squad (AATS) has arrested a man involved in the chain snatching of Congress MP R. Sudha Ramakrishnan in the Chanakyapuri area of the national Capital. The AATS recovered a gold chain weighing 30.90 grams (snatched from the complainant), two stolen scooties and four mobile phones from the possession of the accusedActing on the complaint, the police conducted a detailed analysis of CCTV footage from the incident route, gathered information…

Gumla (Jharkhand), Aug 6 (IANS) Jharkhand Police gunned down top Maoist Martin Kerketta, the self-styled supremo of the banned outfit People’s Liberation Front of India (PLFI), during an encounter in Gumla district late Tuesday night, officials said on Wednesday.Kerketta, who carried a bounty of Rs 15 lakh on his head, had been a dreaded figure across Gumla, Khunti, Simdega, Lohardaga, and Ranchi districts for nearly two decades. He was wanted in connection with over 70 cases related to violent …