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Hit by slowdown, tariff, housing sector receives no reprieve from RBI

August 07, 2025

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The New Indian Express Madurai

REAL estate sector feels a repo rate cut by the Reserve Bank (RBI) in its latest Monetary Policy Committee (MPC) meeting outcome would have boosted confidence among buyers amid a slowdown phase and additional pressure caused by US President Donald Trump's new 25% tariffs on Indian goods.

- ARSHAD KHAN @New Delhi

The RBI kept the policy rate unchanged at 5.5% and retained its 'Neutral' stance in the August MPC meeting, citing inflation stability and geopolitical uncertainty. The decision follows a cumulative 100 bps rate cut earlier this year and comes as former US President Donald Trump threatens a 25% tariff on Indian exports, a move th

المزيد من القصص من The New Indian Express Madurai

The New Indian Express Madurai

A RIVER REMEMBERS: MEANDERING MEMORY OF WATER

BENEATH the calm surface of a river lies an ancient intelligence — one that remembers every bend, flood, and wandering path it has ever carved through the Earth.

time to read

2 mins

October 22, 2025

The New Indian Express Madurai

Relief as $1L H-1B fee does not apply to US 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

The New Indian Express Madurai

The New Indian Express Madurai

FIR against former Punjab DGP, ex-minister wife over son’s death

FORMER Punjab DGP Mohammad Mustafa, his wife and former minister Razia Sultana, along with their daughter and daughter-in-law, have been booked for murder and criminal conspiracy by Haryana Police in connection with the death of their 35-year-old son, Agil Akhter.

time to read

1 mins

October 22, 2025

The New Indian Express Madurai

Adding caution to traffic lights

GARRETT MORGAN

time to read

1 mins

October 22, 2025

The New Indian Express Madurai

Applications invited under TN’s Breadwinner Scheme

THE school education department has allocated ₹11.17 crore for the Breadwinner Scheme, under which financial assistance of ₹50,000 to ₹75,000 is provided to students whose earning parent has either passed away or become disabled in an accident.

time to read

1 min

October 22, 2025

The New Indian Express Madurai

The New Indian Express Madurai

MP uses chopper-driven technique to protect crops from blackbucks

THE Madhya Pradesh forest department has initiated a helicopter-driven boma technique to capture herds of blackbucks and neelgais and shift them to wildlife sanctuaries and tiger reserves of the state.

time to read

1 mins

October 22, 2025

The New Indian Express Madurai

Heavy rain damages vast stretches of paddy fields across Cauvery delta

CONTINUOUS rain in the last few days has left vast stretches of paddy fields submerged across Nagapattinam, Cuddalore and Thanjavur districts, damaging both ready-to-harvest kuruvai crops and recently transplanted Samba seedlings.

time to read

1 min

October 22, 2025

The New Indian Express Madurai

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 Madurai

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 Madurai

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

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