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RBI cuts repo rate to 6 per cent to support growth amid global uncertainties

RBI cuts repo rate to 6 per cent to support growth amid global uncertainties

In a move to bolster growth amid global headwinds, the Reserve Bank of India has reduced the repo rate by 25 basis points to 6 per cent. The central bank remains cautiously optimistic about domestic growth and inflation projections.

09 April,2025 11:13 AM IST | Mumbai | mid-day online correspondent
Mahanagar Gas Limited announces price hike for domestic PNG and CNG

Mahanagar Gas Limited announces price hike for domestic PNG and CNG

The new prices will be effective from midnight on April 8, 2025, an official statement said

08 April,2025 11:18 PM IST | Mumbai | Rajendra B. Aklekar
Black Monday: Stock markets crumble amid global trade war

Black Monday: Stock markets crumble amid global trade war

2,226.79 points ‘is steepest single-day decline in 10 months’; investors lost about Rs 20.16 lakh crore

08 April,2025 08:33 AM IST | Mumbai | Agencies
Maharashtra Congress chief slams Centre for hike in excise duty

Maharashtra Congress chief slams Centre for hike in excise duty

The Centre hiked the cooking gas price by Rs 50 per cylinder and raised excise duty on petrol and diesel by Rs 2 per litre each, but without changing retail prices. Sapkal said crude oil is priced at USD 65 in the international market, yet the Indian public is being looted through exorbitant taxes

07 April,2025 10:47 PM IST | Mumbai | mid-day online correspondent
Govt hikes excise duty on petrol, diesel; no change in retail prices

Govt hikes excise duty on petrol, diesel; no change in retail prices

The hike will be adjusted against the price cut that was warranted because of falling international oil prices

07 April,2025 07:14 PM IST | Mumbai | mid-day online correspondent
NHAI increases toll rates by 4-5 pc with effect from April 1

NHAI increases toll rates by 4-5 pc with effect from April 1

The price hike is part of NHAI's annual revision, they said

02 April,2025 03:51 PM IST | Mumbai | A Correspondent

"Karnataka govt wants to cover up bankruptcy caused by their guarantees": Basava

Today itself, they have increased the price of milk by Rs 4, and this is the third time in one year

28 March,2025 11:44 AM IST | Bengaluru | AP
BMC’s ban on wood, charcoal may make pav costlier as bakers seek heritage status

BMC’s ban on wood, charcoal may make pav costlier as bakers seek heritage status

The BMC’s decision to ban wood and charcoal in bakeries has raised concerns over rising pav prices and the future of Mumbai’s historic Irani cafés. Bakers and politicians are urging the government to reconsider the ruling, citing economic and cultural implications.

21 February,2025 09:26 AM IST | Mumbai
RBI forecasts 4.2 percent inflation for FY26, a decline from FY25 estimate

RBI forecasts 4.2 percent inflation for FY26, a decline from FY25 estimate

The Reserve Bank of India has projected a retail inflation of 4.2 percent for FY26, down from 4.8 percent in FY25, citing favourable food conditions but warning of global uncertainties and volatile energy prices.

07 February,2025 11:18 AM IST | Mumbai
Home-cooked veg thali became cheaper in December but non-veg thali was costlier

Home-cooked veg thali became cheaper in December but non-veg thali was costlier

While tomato prices fell 12 per cent on-month, helped by fresh supplies from Madhya Pradesh, Maharashtra and Gujarat, the cost of non-vegetarian thali grew at a faster pace due to an estimated 11 per cent on-month increase in broiler prices on a dip in production triggered by a cold wave in the north, said the CRISIL report

07 January,2025 11:27 AM IST | New Delhi | IANS

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