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Is there hope for another round of rate cut?

August 04, 2025

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The New Indian Express Tirupati

With risks to growth remaining elevated and inflation benign, some economists see 25 bps rate cut in Aug MPC meet

- BENN KOCHUVEEDAN @Mumbai

CAN lenders hope for another round of rate cut by the Central bank, as its monetary policy committee (MPC) set to start its 3-day meeting on Monday? The 25% export duty shocker from the US effective August 7, which if not reversed to a reasonable level may shave off 20-30 bps economic growth, this year, has the Mint Road-watchers divided with some calling for a monetary support given below-target inflation prints while some others calling for caution till the tariff talks are completed.

المزيد من القصص من The New Indian Express Tirupati

The New Indian Express Tirupati

The New Indian Express Tirupati

EC rejects Bengal’s plea to exempt 25 IAS and IPS officers from election duty

THE Election Commission (EC) has rejected the West Bengal government's plea to exempt 25 senior IAS and IPS officers, including state home secretary J P Meena, from poll duty as central observers for assembly elections in three states and a union territory.

time to read

1 min

February 05, 2026

The New Indian Express Tirupati

Centre: Collateral-free financing for indigenous tech in nuke sector

TO support commercialisation of indigenous technologies in sectors previously dominated by government organisations, including space and nuclear, the ministry of science and technology announced to offer long-term financing to private enterprises at concessional interest rates of 2-4% with tenures up to 15 years.

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1 mins

February 05, 2026

The New Indian Express Tirupati

Ray of hope: 4 in 10 cancer cases in world can be prevented, says WHO

UP to four in 10 cancer cases worldwide could be prevented, according to a latest World Health Organization report.

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1 min

February 05, 2026

The New Indian Express Tirupati

Rahul's ‘traitor’ jibe at Bittu triggers political slugfest in Punjab, Delhi

WITH about a year left for the Punjab Assembly elections, a remark by Leader of Opposition in the Lok Sabha Rahul Gandhi, calling Union Minister of State for Railways Ravneet Singh Bittu a “traitor,” has triggered a sharp political slugfest in the state, spilling over into Delhi with the BJP demanding action against Gandhi and the Congress hitting back, branding Bittu an “opportunist”.

time to read

1 min

February 05, 2026

The New Indian Express Tirupati

AI automation fears cause selloff in Indian IT stocks wiping ₹2 lakh cr

INDIAN IT stocks fell sharply on Wednesday, triggered by fears that advanced AI tools from startups like Anthropic could automate core software and services work, making investors reassess the long-term viability of traditional IT business models.

time to read

1 min

February 05, 2026

The New Indian Express Tirupati

In a first in 25 yrs, 6 crore tourists visit U’khand

UTTARAKHAND has achieved a historic milestone in the tourism sector.

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1 mins

February 05, 2026

The New Indian Express Tirupati

CONDITION APPLY MeitY-notified cloud services companies to get tax holiday

THE Union Budget 2026 has introduced a long-term tax exemption for foreign companies providing cloud services globally, including in India.

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1 mins

February 05, 2026

The New Indian Express Tirupati

Ambani says start-up ecosystem excites him

RELIANCE

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1 min

February 05, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

All-Indian clash as Jemimah, Smriti eye crown

WHEN both Smriti Mandhana and Jemimah Rodrigues lead their respective sides Royal Challengers Bengaluru and Delhi Capitals in the 2026 Women’s Premier League final on Thursday, it will have added significance.

time to read

1 min

February 05, 2026

The New Indian Express Tirupati

HC orders FIR in HIV-infected blood transfusion

TAKING a serious view of cases involving the alleged transfusion of HIV-infected blood to children, the Jharkhand High Court has directed the state government to register an FIR immediately.

time to read

1 min

February 05, 2026

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