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Double delight: RBI cuts repo by 50 bps, CRR 1%
The New Indian Express Bengaluru
|June 07, 2025
Signals pause in rate cut cycle for the time being; releases ₹2.5L cr into banking system
The Reserve Bank of India (RBI) has 'frontloaded' the dose of relief for borrowers. On Friday, the central bank's rate-setting panel surprised the Street with a 50 basis point cut in the repo rate—the benchmark lending rate—to 5.5% against the expectation of a 25 basis point reduction.
The panel also shifted its policy stance from 'accommodative' to 'neutral', signalling an end of rate cut cycle for now. With Friday's cut, RBI has lowered the repo rate by a cumulative 100 basis points (bps) in 2025.
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FLERE HISTORIER FRA The New Indian Express Bengaluru
The New Indian Express Bengaluru
NIKHAT LOSES, OUT OF CWG RACE
IN what could be a big blow, Nikhat Zareen, the former Commonwealth Games winner, lost her bout at the ongoing selection trials for the Commonwealth Games (CWG) and Asian Games on Thursday.
2 mins
May 15, 2026
The New Indian Express Bengaluru
PAINTED JOURNEY
A collection inspired by blooming gardens, wandering travels, nostalgic textures, and the poetic beauty of handmade craft
3 mins
May 15, 2026
The New Indian Express Bengaluru
WHIMPER ON CAMPUS, ROARS ONLINE
WALK into any college campus and you will find students with strong opinions. They can reference trending debates, quote viral lines and take positions with remarkable confidence. On the surface, this looks like a politically awakened generation. But if you look closer, the picture may be less reassuring.
3 mins
May 15, 2026
The New Indian Express Bengaluru
Tata Motors profit falls 31% to ₹5,878 crore
TATA Motors Passenger Vehicles on Thursday reported a 31.29% decline in consolidated net profit to ₹5,878 crore in Q4 FY26, dragged down by reduced volumes and the lower profitability of Jaguar Land Rover.
1 min
May 15, 2026
The New Indian Express Bengaluru
Fresh steps on saving fuel, cabinet rejig top agenda of Modi’s May 21 meeting
AMID speculation over a possible cabinet reshuffle, PM Narendra Modi may chair a meeting of the council of ministers on May 21. The meeting comes at a time when the government is pushing austerity measures keeping in mind the West Asia crisis. The meeting also comes after the BJP’s spectacular show in West Bengal polls.
1 min
May 15, 2026
The New Indian Express Bengaluru
Bengal schools told to start day with Vande Mataram
THE West Bengal government on Thursday made singing of “Vande Mataram” mandatory during morning assemblies in all government-run and government-aided schools. The decision will be implemented with immediate effect, said the government.
1 mins
May 15, 2026
The New Indian Express Bengaluru
ADANI TO DEVELOP FIVE-STAR HOTELS IN TIER-2 CITIES
EYEING a major play in the fast-growing hospitality sector, Adani Group has inked an agreement with IHG Hotels & Resorts to develop five hotels across key airport-linked and high-growth urban destinations in India.
1 min
May 15, 2026
The New Indian Express Bengaluru
'Investors are backing fewer startups with bigger cheques'
INDIA’S startup funding market is stabilising, but investors are becoming far more selective, with investors increasingly favouring repeat founders, larger deals and startups with stronger financial discipline, according to Tracxn co-founder and CEO Neha Singh.
1 min
May 15, 2026
The New Indian Express Bengaluru
Air India losses widen to $2.8 billion in FY26
Airline incurs highest-ever losses since Tata takeover in 2022
1 mins
May 15, 2026
The New Indian Express Bengaluru
After election drubbing, Didi dons lawyer's robe to flag post-poll violence
TEN days after suffering a disastrous defeat in the recently held assembly elections in West Bengal, the former Chief Minister (CM) and Trinamool Congress supremo Mamata Banerjee, on Thursday for the first time, came out of her Kalighat residence and went to the Calcutta High Court.
1 min
May 15, 2026
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