RBI Cuts Repo Rate to 6.25% Under Governor Sanjay Malhotra, First in Five Years to Boost Growth

RBI Cuts Repo Rate to 6.25% Under Governor Sanjay Malhotra, First in Five Years to Boost Growth

In a significant move to stimulate economic growth, the Reserve Bank of India (RBI), under the leadership of Governor Sanjay Malhotra, has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This marks the first rate cut in nearly five years, reflecting the central bank’s response to evolving economic indicators. The…

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China’s Tariff Move on U.S. Goods Sparks Global Market Concerns

China’s Tariff Move on U.S. Goods Sparks Global Market Concerns

China’s recent announcement of a 15% tariff on select U.S. energy products, agricultural machinery, and large-engine cars has fueled global market concerns. The move, perceived as a retaliatory measure against the United States, threatens to further strain economic ties between the two major world economies. While analysts suggest the direct impact on U.S. exports may…

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Rupee Weakens Against US Dollar, Remains Stable Against Other Currencies: FM Sitharaman

Rupee Weakens Against US Dollar, Remains Stable Against Other Currencies: FM Sitharaman

Finance Minister Nirmala Sitharaman has addressed concerns regarding the Indian rupee’s depreciation against the U.S. dollar, emphasizing that the phenomenon is primarily due to the dollar’s significant strengthening rather than a weakening of the rupee itself. She highlighted that the rupee has remained relatively stable against other major global currencies, reflecting the robust fundamentals of…

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Nirmala Sitharaman Presents 2025-26 Union Budget: Key Announcements and Economic Outlook

Nirmala Sitharaman Presents 2025-26 Union Budget: Key Announcements and Economic Outlook

NEW DELHI: On Saturday, Finance Minister Nirmala Sitharaman delivered her eighth consecutive Union Budget, moving closer to the record held by former Prime Minister Morarji Desai, who presented ten budgets across multiple terms. Sitharaman is also the first woman to hold the full-time position of finance minister. The Budget for the fiscal year 2025-26 marks…

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Robert Kiyosaki

Robert Kiyosaki Predicts ‘Biggest Stock Market Crash in History’ by February 2025

Renowned financial author Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has issued a stark warning about an impending economic downturn. In a recent statement, Kiyosaki emphasized that the global economic decline has already begun, affecting regions such as Europe, China, and the United States. He cautioned individuals to be vigilant, advising…

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L&T

L&T Faces ₹70,000 Crore Blow as Defence Ministry Rejects Submarine Bid Amid CEO’s Workweek Controversy

Larsen & Toubro (L&T), one of India’s leading engineering and construction giants, has been dealt a significant setback as the Defence Ministry declined its bid to construct six advanced submarines. The decision, citing non-compliance with procedural requirements, has effectively cost the company a colossal ₹70,000 crore defense contract. The rejection marks a critical moment for…

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NVIDIA

NVIDIA Suffers Historic $600 Billion Market Value Loss Amid Rising AI Competition

In an unprecedented financial blow, NVIDIA experienced the largest single-day decline in market value ever recorded for a U.S. company, shedding close to $600 billion. The company’s stock plunged by $171.18 per share following investor concerns about mounting competition in the AI hardware industry. The steep decline was triggered by news that China’s DeepSeek had…

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Zomato Shares Plunge: Why Zomato Stock is Falling Today

Zomato Shares Plunge: Why Zomato Stock is Falling Today

In recent days, Zomato’s stock has been experiencing a noticeable decline, with many investors and market observers wondering why the popular food delivery company’s shares are plummeting. Zomato, which once attracted massive investor interest after its IPO in 2021, has seen a sharp drop in its share price, leaving many investors questioning its future prospects….

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