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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

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 that could impact nearly $100 billion in outbound trade and shave 30 bps off FY26 GDP growth.

المزيد من القصص من The New Indian Express

The New Indian Express

Deepti, Amanjot deliver for India

The two all-rounders, along with Rana, rise to the occasion and help co-hosts win

time to read

3 mins

October 01, 2025

The New Indian Express

2nd outfit in Ladakh says 'no' to talks

THE Kargil Democratic Alliance (KDA) has announced it will not participate in talks with the Union government until activist Sonam Wangchuk and other activists are released, and a time-bound judicial inquiry is initiated into the deaths of four people during recent violence in Ladakh.

time to read

1 min

October 01, 2025

The New Indian Express

The New Indian Express

CM inaugurates city's 1st steel flyover built at cost of 165 crore in T Nagar

CHIEF Minister M K Stalin on Tuesday inaugurated the city's first steel flyover at Thiyagaraya Nagar, the J Anbazhagan flyover, named after late MLA J Anbazhagan, who was elected from the T Nagar constituency in the 2001 Assembly election.

time to read

1 min

October 01, 2025

The New Indian Express

Modi backs Trump's Gaza peace proposal

PM says the 20-point plan offers a pathway to lasting stability for the war-ravaged region

time to read

1 mins

October 01, 2025

The New Indian Express

IMD says above-normal rain in Oct, northeast monsoon may be delayed

THE Indian Meteorological Department (IMD) forecasts a week-long delay in the arrival of the Northeast Monsoon (NEM), mainly affecting the southern states.

time to read

1 mins

October 01, 2025

The New Indian Express

The New Indian Express

India, US conduct naval exercise in Arabian sea amid tariff tussle

Navy says exercise underscores endeavours to strengthen maritime ties between 2 nations

time to read

1 mins

October 01, 2025

The New Indian Express

TN govt refutes charges with video clippings

FACING repeated questions from the opposition and social media scrutiny over alleged lapses in the Karur stampede, the state government on Tuesday deployed a team of officials to blunt the charges regarding site approval, police deployment, and power outage at the TVK's Saturday event addressed by Vijay.

time to read

1 mins

October 01, 2025

The New Indian Express

The New Indian Express

Flood-affected farmers in K'taka to get additional aid

Floodaffected farmersin MET executives to visit injured workers K’taka to get additional aid

time to read

1 min

October 01, 2025

The New Indian Express

Trump and Hegseth vow to end 'woke' military culture

At surprise Virginia meet, Don vows to defend attack borders and Hegseth rolls back diversity rules forces

time to read

1 mins

October 01, 2025

The New Indian Express Chennai

EPS quells dissent, 40 AIADMK functionaries stripped of party posts

AIADMK general secretary Edappadi K Palaniswami on Tuesday removed 40 functionaries from their party posts in the Erode Rural West district.

time to read

1 min

October 01, 2025

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