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

The New Indian Express Thiruvananthapuram

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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

PLUS D'HISTOIRES DE The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

Zubeen murdered, chargesheet by Dec 17, says Himanta

ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.

time to read

1 min

November 04, 2025

The New Indian Express Thiruvananthapuram

K Vijaya Kumar appointed as CEO of IIMS

AS India embarks on an infrastructure and mining expansion, Innovative Infra & Mining Solutions (IIMS), part of the diversified CKA Birla Group, has appointed industry veteran K Vijaya Kumar as its new CEO.

time to read

1 min

November 04, 2025

The New Indian Express Thiruvananthapuram

India plans to bring eight cheetahs from Botswana

INDIA plans to bring another batch of eight cheetahs from Botswana by the third week of December that are currently under quarantine.

time to read

1 min

November 04, 2025

The New Indian Express Thiruvananthapuram

Rybakina rallies to beat Swiatek in WTA Finals

ELENA Rybakina recorded an impressive 3-6, 6-1, 6-0 victory over second-seeded Iga Swiatek in round-robin play at the WTA Finals in Riyadh on Monday.

time to read

1 min

November 04, 2025

The New Indian Express Thiruvananthapuram

SC rejects creditor's plea against Aakash rights issue

THE Supreme Court on Monday dismissed an appeal filed by US-based lender GLAS Trust Company LLC, a creditor of Think & Learn Pvt Ltd, parent company of BYJU’s, against the rights issue proposed by Aakash Educational Services Limited (AESL), clearing the way for the capital raise that will reduce Byju’s holding in the company from 25.75% to about 5%.

time to read

1 mins

November 04, 2025

The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

Industry bodies seek biz-friendly tax regime

AS the finance ministry is gearing up for the next Union Budget, industry chambers like CII, ASSOCHAM, PHDCCI, FICCI called for a more predictable and business-friendly direct tax regime with more focus on faster dispute resolution and employment boost.

time to read

1 mins

November 04, 2025

The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

'We wanted to invent a new genre with Baramulla'

Actor Manav Kaul and director Aditya Jambhale speak about their upcoming film, Baramulla, why Aditya calls it a genre-bender, what makes Manav choosier in his scripts, and more

time to read

3 mins

November 04, 2025

The New Indian Express Thiruvananthapuram

A LINGUISTIC GAME OF DEFINITIONS

OFTENTIMES definitions can limit you, imposing unnecessary constraints, enclosing things within the four corners of a narrow, arbitrary boundary that you set for yourself. Other times, they provide no real meaning as the thing defined may not mean anything by itself.

time to read

3 mins

November 04, 2025

The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

City Union Bank profit up 15% at ₹329 cr on interest income, better asset quality

KUMBAKONAM.based private lender City Union Bank on Monday reported 15% rise in net profit from ₹285 crore in Q2FY25 to ₹329 crore Q2FY26, driven by an increase in interest income and better asset quality.

time to read

1 min

November 04, 2025

The New Indian Express Thiruvananthapuram

The New Indian Express Thiruvananthapuram

Cong takes a swipe at govt on US, says trade deal has become ‘ordeal’

THE Congress on Monday targeted the Modi government after US President Donald Trump reiterated his claim that he had brokered the truce between India and Pakistan through trade negotiations.

time to read

1 min

November 04, 2025

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