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

The New Indian Express Mysuru

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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

The New Indian Express Mysuru से और कहानियाँ

The New Indian Express Mysuru

ONE OF THE RICHEST STATES IS FAILING ITS SCHOOLKIDS

KARNATAKA Chief Minister Siddaramaiah recently received a letter from children in Pachedoddi, a hamlet in Chamarajanagar district that lies entirely off the publictransport grid.

time to read

1 mins

December 13, 2025

The New Indian Express Mysuru

CM says rehab new path for social integration in C’garh

TEN cadres of the banned CPI (Maoist) surrendered before the police in Chhattisgarh’s Sukma on Friday, choosing to step away from violence and return to the mainstream.

time to read

1 mins

December 13, 2025

The New Indian Express Mysuru

OUTFOXING AI, FOR BETTER OR VERSE

A paper on ar Xiv by researchers at the Icaro Lab in Italy has set off a firestorm of headlines.

time to read

3 mins

December 13, 2025

The New Indian Express Mysuru

MahaYuti stays united, seals Maha seat deal for BMC polls

THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.

time to read

1 min

December 13, 2025

The New Indian Express Mysuru

The New Indian Express Mysuru

MNREGA gets new name, 125 days of employment

SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.

time to read

1 mins

December 13, 2025

The New Indian Express Mysuru

Police post built with stones thrown at cops during Sambhal clash opens

A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.

time to read

1 mins

December 13, 2025

The New Indian Express Mysuru

The New Indian Express Mysuru

Minister, scholar, LS speaker: Multi-faceted Shivraj Patil passes away

FORMER Union Home Minister Shivraj Patil Chakurkar passed away at 90 on Friday morning at his native Latur in Maharashtra after a brief illness.

time to read

1 mins

December 13, 2025

The New Indian Express Mysuru

Zubeen's secy, festival organiser among 4 charged with murder

THE Assam Special Investigation Team (SIT) on Friday filed the charge sheet in the highprofile Zubeen Garg death case in the court of Chief Judicial Magistrate, Kamrup (Metro), slapping the charge of murder against four of the seven accused.

time to read

1 min

December 13, 2025

The New Indian Express Mysuru

Ops to hunt terrorists in Jammu forests

AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.

time to read

1 min

December 13, 2025

The New Indian Express Mysuru

CLIMATE SCIENCE IS NOT A HOAX, DON'T GAMBLE

SIR ROBERT WATSON'S BLUNT MESSAGE TO CLIMATE BLOCKERS

time to read

4 mins

December 13, 2025

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