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Sectors hit by US tariffs to get RBI support: Guv

August 26, 2025

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The New Indian Express Hubballi

The Reserve Bank will take special policy measures for those sectors which may be hit hard because of punitive tariffs imposed by the US on Indian goods effective Wednesday, governor Sanjay Malhotra said, adding that overall impact on the economy will be minimal.

- Benn Kochuveedan @Mumbai

He expressed confidence that negotiations for lower duties would fructify. "As you are aware the RBI has been on an easing cycle since February and has reduced the repo rate by 100 bps so far. We have provided ample liquidity to banks, and whatever else is required to support growth, and including those sectors which may be impacted more by higher tariffs in the US; If it were to remain high, we will not be wanting in our job to support those sectors which would bear the maximum brunt," he said in response to a question after addressing the national banking summit organised by industry lobbies IBA and Ficci here on Monday.

المزيد من القصص من The New Indian Express Hubballi

The New Indian Express Hubballi

Two dons-turned-politicians draw battle lines on Mokama poll turf

BATTLE lines have been drawn in Bihar’s Mokama assembly constituency ahead of the first-phase polls on November 6, as two don-turned-politicians, Anant Singh and Surajbhan Singh, prepare for a high-octane electoral clash.

time to read

2 mins

October 22, 2025

The New Indian Express Hubballi

PK SAYS BJP FORCING HIS CANDIDATES TO OPT OUT OF CONTEST

JAN Suraaj Party (JSP) founder Prashant Kishor on Tuesday launched a scathing attack on BJP alleging that three of his party candidates for the upcoming Bihar Assembly elections withdrew their nominations under “pressure” from the ruling party.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

EC: Print ads a day before or poll date need pre-certification

AHEAD of assembly polls in Bihar, the Election Commission of India (ECI) on Tuesday issued an order saying to ensure a fair campaign environment, no party, candidate, organisation or person shall publish any advertisement in print media on poll day and one day prior to the poll day, unless the contents are pre-certified by the Media Certification and Monitoring Committee.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

Winter blackouts loom as Russia targets Kyiv’s grids

AS the lights went out in her hometown, 40-year-old Zinaida Kot could not help but think about her next dialysis treatment for kidney disease. Without electricity, the machine that keeps her alive stops working.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

WASTE LAND: A NATION OF LANDFILLS

SOME years ago, I was editing a newspaper in Mumbai and we ran a report on the city’s eternal garbage problem.

time to read

3 mins

October 22, 2025

The New Indian Express Hubballi

Paraglider from Canada found dead, Australian rescued in HP

A 27-year-old Canadian paraglider, Megan Elizabeth, was found dead after going missing from the high mountains of the Dhauladhar range, while a 47year-old Australian paraglider, Jacob, was rescued in the last 48 hours.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

B'luru to get ₹1.20Lcr boost for infra works

CAN money work the magic? The bumbling and crumbling Bengaluru is set to get a huge cash infusion, nearly Rs 1.20 lakh crore, from the state government for various development projects in the city.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

10 months on, NMC yet to act against 30 docs for 'sponsored' foreign trips

THE National Medical Commission (NMC) is yet to take any action against 30 doctors who accepted free trips to Monaco and Paris worth ₹1.91 crore last year, despite the Department of Pharmaceuticals (DoP) recommendations that action should be taken against them for violating professional misconduct.

time to read

1 mins

October 22, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

Speaker appoints lawyer to assist panel probing Justice Varma graft case

LOK Sabha Speaker Om Birla has appointed advocate Karan Umesh Salvi as a consultant to assist the judges’ inquiry committee investigating allegations of corruption against Justice Yashwant Varma.

time to read

1 min

October 22, 2025

The New Indian Express Hubballi

$1L H-1B fee not to apply to visa holders

A month after US President Donald Trump's proclamation jacking up the fee for H1-B visas to a steep $100,000 caused panic among international students and professionals, the US government has now clarified that the fee won't apply to most current visa holders and recent international graduates.

time to read

1 min

October 22, 2025

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