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Hit by slowdown, tariff, housing sector receives no reprieve from RBI
The New Indian Express Tadepalligudem
|August 07, 2025
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.
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
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The New Indian Express Tadepalligudem
Shivanand leaves behind a wailing family in Deoria
THE death of Shivanand Chaurasia from eastern UP after a US strike on an oil tanker off the Oman coast has left behind a deep void in the devastated family.
1 min
June 12, 2026
The New Indian Express Tadepalligudem
Making US men’s football great
The world’s most popular sport has struggled to become mainstream in the US. While their women’s team are renowned, the men aren't elite. Swaroop Swaminathan takes a look at why they will be desperate to leave an imprint at this home World Cup...
3 mins
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The New Indian Express Tadepalligudem
CONSERVATION BOOST FROM HISTORY MADE IN SIMILIPAL
WHEN Odisha Chief Minister Mohan Charan Majhi last week broke the news of Maharashtra-born tigress Zeenat giving birth to four cubs in the Similipal Tiger Reserve, he acknowledged a landmark in India’s conservation history.
1 mins
June 12, 2026
The New Indian Express Tadepalligudem
2 dead, several houses torched in Manipur
VIOLENCE broke out in Manipur’s Senapati district on Wednesday night after the remains of six Naga hostages were recovered by police.
1 min
June 12, 2026
The New Indian Express Tadepalligudem
BJP sweeps Upper House polls in Gujarat, MP and NE
HOURS after the Supreme Court refused to stay the electoral process for the June 18 Rajya Sabha elections to three seats from Madhya Pradesh, all three BJP candidates were declared elected unopposed on Thursday.
1 mins
June 12, 2026
The New Indian Express Tadepalligudem
Banks raise rates on NRI deposits, offer up to 6.6%
WITH the Reserve Bank of India (RBI) announcing a dollar swap facility for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, banks have raised interest rates by 300-350 basis points on dollar-denominated NRI deposits, with some offering as much as 6.6% for tenures of three to five years.
1 mins
June 12, 2026
The New Indian Express Tadepalligudem
‘If released, I’ll kill again,’ says murder convict after getting death sentence
A 33-year-old man in Ghazipur in Uttar Pradesh, facing capital punishment in connection with a murder case, vowed to repeat the offence if freed from prison.
1 min
June 12, 2026
The New Indian Express Tadepalligudem
Centre extends excise duty relief to petrol blended with higher ethanol
THE government on Thursday extended central excise duty exemptions to petrol blended with 22%, 25%, 27% and 30% ethanol.
1 mins
June 12, 2026
The New Indian Express Tadepalligudem
PUBLISHING IN POST-TRUTH WORLD
IN 2014, Penguin Random House India (hereafter, Penguin for convenience) settled out of court with Dinanath Batra, the ageing general secretary of RSS school network Vidya Bharati and founder of an organisation committed to purging Indian education of foreign influences.
3 mins
June 12, 2026
The New Indian Express Tadepalligudem
West Asia conflict's new frontline has Indian sailors in its crosshairs
THREE attacks on commercial vessels in the Gulf region within four days have exposed a growing and uncomfortable reality for India: its seafarers are increasingly being drawn into the frontlines of geopolitical conflicts over which they have little influence and even less protection.
1 mins
June 12, 2026
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