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One more repo rate cut expected this fiscal, GDP to grow at 6.5 pc: Crisil

The Political and Business Daily

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June 08, 2025

THE Reserve Bank of India (RBI) has chosen to front-load its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause after that.

One more repo rate cut expected this fiscal, GDP to grow at 6.5 pc: Crisil

The global ratings agency also expects India’s GDP at 6.5 per cent this fiscal, with risks on the downside due to US tariff hikes.

Crisol listed some factors which are expected to help domestic growth hold up against global tariff risks.

“Positive outlook on rains and crude oil prices and healthy external accounts — low current account deficit and low short-term debt — with sufficient forex reserves will provide a buffer against global turbulence,” said the global financial insights major.

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The Political and Business Daily

The Political and Business Daily

NHAI creates four Guinness World Records on Bengaluru-Kadapa-Vijayawada highway project

THE National Highways Authority of India (NHAI) has, in a landmark achievement, successfully created four Guinness World Records in its ongoing construction work on the Bengaluru-Kadapa-Vijayawada Economic Corridor of National Highway-544G, according to an official statement issued on Sunday.

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1 min

January 12, 2026

The Political and Business Daily

Run up to Union Budget: CII calls for Govt's Strategic Disinvestment Policy

IN its Pre Budget Recommendations Confederation of Indian Industries (CII) has called for accelerating the implementation of the Government's Strategic Disinvestment Policy to unlock value from India's public sector enterprises.

time to read

1 min

January 12, 2026

The Political and Business Daily

The Political and Business Daily

RBI advocates disclosure of NPA, inspection info; banks oppose; matters at CIC door

FOUR major banks -- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India -- have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records “liable to be disclosed” under the RTI Act.

time to read

1 min

January 12, 2026

The Political and Business Daily

The Political and Business Daily

Forces opposing Somnath rebuilding still active, need to defeat them: PM

PRIME Minister Narendra Modi on Sunday said the forces that had opposed the reconstruction of the Somnath temple after independence are \"still active among us\", and India needs to be alert, united and strong to defeat them.

time to read

1 mins

January 12, 2026

The Political and Business Daily

The Political and Business Daily

RSS evolving with time, taking new forms, says Mohan Bhagwat

THE RSS is not changing but \"gradually evolving” and \"simply unfolding” with time, Mohan Bhagwat said on Sunday.

time to read

1 min

January 12, 2026

The Political and Business Daily

The Political and Business Daily

Apprehension of detenu engaging in crime if granted bail is no ground for preventive detention: Supreme Court

MERE apprehension on the part of the detaining authority that if a detenu is released on bail, he/she would indulge in similar crimes that would be prejudicial to public order will not be a sufficient ground to order preventive detention, the SC has said.

time to read

1 min

January 12, 2026

The Political and Business Daily

The Political and Business Daily

Shah announces three-year nationwide campaign against drugs from March 31

UNION Home Minister Amit Shah on Friday announced a crackdown on narcotics from March 31 with a three-year nationwide campaign to weed out the drug menace from the country.

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1 min

January 11, 2026

The Political and Business Daily

The Political and Business Daily

Cong launches countrywide 'MGNREGA Bachao Sangram'

THE Congress, on Saturday, launched its nationwide \"MGNREGA Bachao Sangram\" by organising press conferences at all district committee offices, vowing to fight till it succeeds in protecting people's constitutional right to work.

time to read

2 mins

January 11, 2026

The Political and Business Daily

The Political and Business Daily

Incredible opportunities before India & US: Gor

US ambassador-designate Sergio Gor, known to be a key member of President Donald Trump's inner circle, has arrived in New Delhi amid an unprecedented estrangement in ties between the two countries.

time to read

1 min

January 11, 2026

The Political and Business Daily

The Political and Business Daily

We have to avenge our history and create strong India in every aspect, asserts Doval

NATIONAL Security Advisor (NSA) Ajit Doval on Saturday said India has to strengthen itself not just at the borders, but in every other way, including economically, to \"avenge\" a painful history of attacks and subjugation.

time to read

1 min

January 11, 2026

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