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

The New Indian Express Kalaburagi

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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.

- 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

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Hosabale slams Kharge’s RSS remarks

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Harmanpreet & Co set to take a shot at immortality

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THE LONG GAME OF BELONGING IN A CITY

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Unseasonal rains wreak havoc on farmlands ...

UNSEASONAL rains have once again turned Gujarat's farmlands into a battlefield of despair and determination. As the skies opened up for days, drowning standing crops and washing away livelihoods, the state government moved into crisis mode.

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CM says Centre ignoring Kannada, promoting only Hindi & Sanskrit

CHIEF Minister Siddaramaiah again raised the issue of lack of funds from the central government, and this time to develop Kannada.

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