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

The New Indian Express Hubballi

|

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

MEER VERHALEN VAN The New Indian Express Hubballi

The New Indian Express Hubballi

Trump factor leads PM to duck Malaysia trip, says Cong

THE Congress on Thursday claimed that the reason for Prime Minister Narendra Modi not travelling to Malaysia for the Asean summit was that he does not want to be cornered by US President Donald Trump.

time to read

1 mins

October 24, 2025

The New Indian Express Hubballi

Yathindra for Satish Jarkiholi as Siddu heir

AMID the intense power-sharing tussle within the Karnataka Congress, Chief Minister Siddaramaiah’s son Yathindra Siddaramaiah has set off a political tremor by openly hinting that PWD Minister Satish Jarkiholi could succeed his father.

time to read

1 min

October 24, 2025

The New Indian Express Hubballi

'Abhay' for anonymity: How Maoists evade police action

ENGLISH playwright William Shakespeare wrote in Romeo and Juliet, \"What's in a name?\" For the outlawed CPI (Maoist), the answer is everything. Names, often assumed or symbolic, are a tool of survival, strategy, and connection with the communities in which they operate.

time to read

1 mins

October 24, 2025

The New Indian Express Hubballi

321kg gold smuggled through 7 main routes seized in 10 months, says DRI

THE Directorate of Revenue Intelligence (DRI) has uncovered an increasingly sophisticated gold smuggling operation spanning continents. Between January and October this year, DRI intercepted and seized around 321kg of smuggled gold, valued at ₹406.35 crore.

time to read

1 mins

October 24, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

Kohli’s twin failures, Sharma’s fifty talking points in India’s loss

IT'S hard to find context in an ODI bilateral series with no major events scheduled in that format for the next two years.

time to read

3 mins

October 24, 2025

The New Indian Express Hubballi

U’khand village puts cap on wedding expenses

TO curb the rising expenses and the culture of showiness at social ceremonies, the residents of Kandhar village in Uttarakhand's tribal region of Jaunsar-Bawar have passed a social bylaw limiting the gold jewellery married women can wear at weddings and family functions.

time to read

1 mins

October 24, 2025

The New Indian Express Hubballi

TAKE AI’S HELP FOR SPEEDY JUSTICE

EW phrases encapsulate the despair of the Indian litigant more powerfully than Sunny Deol's anguished outburst in Damini: \"Tareekh pe tareekh\" (hearing after hearing).

time to read

3 mins

October 24, 2025

The New Indian Express Hubballi

AI faces 250 seat faults a month

AN average of 250 passenger seats on Air India flights develop faults every month, posing persistent challenge for the Tata group as it works to modernise the ageing fleet it acquired from the government in January 2022.

time to read

1 min

October 24, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

More girls in govt-run CBSE schools, says secy

IT is crucial that society invest more in the education of the girl child, according to the Union Secretary of Education and Literacy, Sanjay Kumar.

time to read

2 mins

October 24, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

High on drugs, Indian-origin truck driver kills three in US crash; held

A 21-year-old Indian-origin truck driver, Jashanpreet Singh, who had reportedly entered the US illegally in 2022, has been arrested for causing a semi-truck crash in California's Ontario that snuffed out three lives and injured at least four other people on Tuesday.

time to read

1 mins

October 24, 2025

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