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

The New Indian Express Kalaburagi

|

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

PLUS D'HISTOIRES DE The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Prakash Raj among 70 to get Rajyotsava

ACTOR Prakash Raj, Air Marshal Philip Rajkumar (retd) and former hockey goal keeper Ashish Ballal are among the 70 personalities and achievers, including 12 women, who will be honoured with the prestigious Karnataka Rajyotsava Award on Saturday.

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Groww sets price band at ₹95-100 for ₹6,632 cr IPO, issue opens on Nov 4

BILLIONBRAINS Garage Ventures, parent company of largest online investment platform Groww, has set price-band at ₹95-100 for its ₹6,632 crore (at the upper end) initial public offer (IPO).

time to read

1 mins

October 31, 2025

The New Indian Express Kalaburagi

6-mth US curbs waiver on Chabahar

THE US has granted India a six-month waiver from sanctions on the strategically significant Chabahar Port project in Iran, External Affairs Ministry confirmed on Thursday.

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

Why should I get abuse alone, bemoans Gadkari

“WHY should I get the abuse alone” for the poor state of roads, Union Minister for Road Transport and Highways Nitin Gadkari asked on Thursday, stressing that the purpose of installing QR-coded signboards with the names and contact details of contractors, officials, and engineers on national highways is to let users know who is specifically responsible for their condition.

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

Trump-Xi

TALKS SUCCESSFUL, 10% TARIFF DOWN. TIME FOR INDIA TO WRAP UP ITS PACT

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

HC slams Soren govt over HIV cases among kids from blood transfusion

THE Jharkhand HC on Thursday pulled up officials after reports surfaced of children testing HIV positive following blood transfusions in a government hospital in West Singhbhum.

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

Man killed, hostage drama over

Police rescue 17 children and two adults from Powai studio after tense two-hour standoff

time to read

1 mins

October 31, 2025

The New Indian Express Kalaburagi

SMART BIRDER B'luru lad's AI-powered BirdRover collects data for conservation

SEVENTEEN-year-old Bengaluru innovator Hridank Bhagath has transformed a childhood curiosity into conservation technology.

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

Swiggy losses swell, to raise ₹10k cr via QIP

FOODTECH firm Swiggy announced on Thursday that it will consider raising ₹10,000 crore in the board meeting of November 7 through a qualified institutional placement (QIP).

time to read

1 min

October 31, 2025

The New Indian Express Kalaburagi

MEIL buys 250-mw TN power unit

MEIL Energy, a wholly-owned subsidiary of Megha Engineering & Infrastructures, has acquired 100% stake in Taqa Neyveli Power Company from Abu Dhabi National Energy Company, for reported 387 million dirhams, or about ₹926 crore.

time to read

1 min

October 31, 2025

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