Business

• RBI Pegs Real GDP Growth at 6.6 PC for FY27, Inflation at 5.1 PC amid Global Disruptions
  
  The Reserve Bank of India (RBI) on Friday projected real GDP growth for 2026-27 at 6.6 per cent -- with Q1 at 6.6 per cent; Q2 at 6.3 per cent; Q3 at 6.5 per cent; and Q4 at 6.8 per cent -- saying that prolonged global supply chain disruptions, volatility in global...
• RBI Keeps Repo Rate Unchanged at 5.25 PC, Maintains 'Neutral' Stance
  
  The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists.The Standing Deposit Facility (SDF) rate was set at 5 per cent, while the...
• RBI Set to Announce Repo Rate Decision Today; Here's What to Expect
  
  The Reserve Bank of India is set to announce its monetary policy decision on Friday after the three-day Monetary Policy Committee meeting -- chaired by Governor Sanjay Malhotra -- with experts widely expecting the repo rate to remain unchanged amid geopolitical tensions and...
• 'We're going to make a deal': Trump on India-US trade agreement
  
  US President Donald Trump has said the United States and India are moving towards a trade agreement, while describing Prime Minister Narendra Modi as a "good friend" and signalling confidence that the two countries will reach a deal.Speaking at the White House during an...
• Andhra Pradesh Invites Russian Firms to Invest in Space Ecosystem
  
  Andhra Pradesh Minister for Human Resource Development, IT and Electronics, Nara Lokesh, has invited Russian space and technology firms to invest in emerging space ecosystem in the state.Lokesh, currently on a visit to Russia, is a participator in the Russia-India Business...
• Investments worth Rs 15,000 crore realised in Rajasthan as key projects move towards completion
  
  Jaipur, June 5 (IANS) Rajasthan's mining and petroleum sectors are witnessing significant investment momentum, with projects worth Rs 33,000 crore currently under execution and Rs 15,000 crore already translated into on-ground investments, according to State Additional...
• India Must Move from Tourism Promotion to Destination Competitiveness: Official
  
  Suman Billa, Union Tourism Additional Secretary and Director General, has said that India needs to shift from a promotion-driven tourism strategy to creating globally competitive destinations and meaningful visitor experiences to unlock the sector's full potential as a...
• ICT adoption linked with 76 pc increase in labour productivity in unincorporated sector: Report
  
  The information and communication technology (ICT) adoption is associated with a 76% increase in the labour productivity, highlighting the role of the digital technologies in improving enterprise performance, an SBI Research report said on Thursday.According to the report,...
• Forced Labour Import Curbs: US Proposes up to 12.5 PC Tariff on 60 Countries, Including India
  
  The United States Trade Representative (USTR), under Section 301 of the Trade Act of 1974, has proposed to impose an additional up to 12.5 per cent tariff on India and 59 other economies over allegations of using forced labour to produce imported goods.In a statement, USTR...
• 3-day RBI MPC Meet Begins Today; Inflation, Growth in Focus
  
  The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day policy meeting on Wednesday, with experts widely expecting the central bank to maintain status quo on interest rates amid volatile global conditions, driven by ongoing tensions in West...
• TN: RTE Admissions Hit Nearly 25,000; Govt Seeks Fees Details from Private Schools
  
  The Tamil Nadu government has confirmed admission for 24,868 students under the Right to Education (RTE) Act for the 2026-27 academic year, with education officials expecting the number to rise significantly by the end of this week as parents complete the admission...
• Yarn Prices Decline after Months of Surge Bringing Relief to TN'S Tiruppur Knitwear Manufacturers
  
  Cotton yarn prices have registered their first major decline this year, offering relief to Tiruppur's knitwear and textile industry in Tamil Nadu after months of rising raw material costs that had put manufacturers and exporters under severe pressure.The reduction follows...
• Intel, Odisha Explore Chip Packaging Facility
  
  Intel Corporation and 3D Glass Solutions have signed a memorandum of understanding with the Odisha government to explore establishing an advanced semiconductor glass core packaging substrate manufacturing facility, a move that could strengthen India's ambitions to become a...
• Piyush Goyal Engages with over 50 Global Business Leaders at New York Roundtable
  
  Union Minister of Commerce and Industry Piyush Goyal on Friday said he engaged with over 50 global business and industry leaders at a roundtable held in New York.Taking to the microblogging platform X, he stated that the meeting was hosted by the Consulate General of India...
• 'Team Canada Trade Mission' to visit India later this year
  
  India and Canada have reaffirmed their shared commitment to strengthening bilateral trade and investment ties, to deliver tangible outcomes that support economic growth and increased commercial opportunities for businesses in both countries, an official statement said on...
• TCS Harassment, Forced Conversion Case: SIT Files 2ND Chargesheet in Nashik Court
  
  Retired IAS officer and the first Chairman of the Competition Commission of India (CCI), Dhanendra Kumar, died in a fire that broke out at his residence in Delhi's Hauz Khas area following a suspected air-conditioner blast. His son sustained injuries in the incident and is...
• TCS Harassment, Forced Conversion Case: SIT Files 2ND Chargesheet in Nashik Court
  
  The Special Investigation Team (SIT), probing the Tata Consultancy Services (TCS) sexual harassment and alleged forced conversion case, has filed a second chargesheet in Maharashtra's Nashik court, detailing allegations of exploitation and religious coercion.Officials said...
• Over 35 Lakh Users, Six Lakh Drivers: 'Bharat Taxi' Strengthens Presence across Indian Cities
  
  Bharat Taxi, a driver-owned mobility cooperative launched earlier this year, has expanded to more than 35 lakh users and over six lakh drivers across India, positioning itself as one of the country's largest cooperative-based transport platforms.The platform, launched on...
• IBC helps banks recover Rs 4.32 lakh crore in bankruptcy cases: Govt
  
  The Insolvency and Bankruptcy Code, 2016 has significantly strengthened India's insolvency and credit ecosystem since its enactment, improving recovery mechanisms, boosting creditor discipline and creating a more structured resolution process for distressed entities,...
• India, Canada Reaffirm $50 Billion Bilateral Trade as Piyush Goyal Concludes Landmark Visit
  
  With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a...
• Amit Shah to Begin Two-day Gujarat Visit Today, Launch Multiple Development Projects
  
  Union Home and Cooperation Minister Amit Shah will begin his two-day visit to Gujarat on Thursday, during which he is scheduled to inaugurate and lay foundation stones for multiple development projects across the Gandhinagar Lok Sabha constituency and Ahmedabad, and to hold...
• TN Textile Sector Eyes Europe, UK for Growth as Trade Deals Open New Export Opportunities
  
  The textile and apparel industry of Tamil Nadu is preparing for a major export push into European and British markets as upcoming free trade agreements are expected to improve competitiveness and reduce dependence on the United States market.Industry stakeholders believe...
• 7 Northeastern Regional Rural Banks Report Net Profit Growth of 34 PC in FY26
  
  Seven northeastern regional rural banks (RRBs) have reported a provisional consolidated net profit of Rs 560 crore during FY 2025-26, registering an impressive year-on-year growth of 34 per cent, according to the government.Further, the Gross Non-Performing Assets (GNPA)...
• Singapore Court Announces 6-month Jail Term for Byju Raveendran over Contempt
  
  Edtech firm Byju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt after allegedly failing to comply with multiple court orders related to his assets, a report has said.Bloomberg reported that the Singapore court directed...
• Piyush Goyal bets big on Indian financial sector reforms, ease of doing biz
  
  Commerce and Industry Minister Piyush Goyal held extensive discussions with Canada's leading pension funds, sovereign and institutional investors, members of the Canada-India Business Council and other stakeholders, and pitched the India growth story to them.The minister...

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