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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

The New Indian Express Hubballi'den DAHA FAZLA HİKAYE

The New Indian Express Hubballi

Vietnam war reporter, Pulitzer winner Peter Arnett dies at 91

PETER Arnett, the Pulitzer Prizewinning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war from the rice paddies of Vietnam to the deserts of Iraq, has died.

time to read

1 min

December 19, 2025

The New Indian Express Hubballi

House clears nuclear energy bill

Centre's push to privatise nuclear energy without 'adequate safeguards' sparks huge uproar

time to read

1 min

December 19, 2025

The New Indian Express Hubballi

Live-in relationship not illegal, state’s duty to protect every citizen, says HC

THE Allahabad High Court came to the rescue of 12 women, who were in live-in relationships and had petitioned the court seeking protection, fearing a threat to their lives.

time to read

1 mins

December 19, 2025

The New Indian Express Hubballi

ELOQUENT SILENCE OF CONSTITUTIONS

LUDWIG Wittgenstein famously concluded his Tractatus Logico-Philosophicus with the injunction: \"Whereof one cannot speak, thereof one must be silent.\"

time to read

3 mins

December 19, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

Ace sculptor Ram V Sutar passes away at 100

RENOWNED sculptor Ram Vanji Sutar, best known for designing the Statue of Unity -- world's tallest statue -- in Gujarat, passed away at his Noida residence late on Wednesday night.

time to read

1 mins

December 19, 2025

The New Indian Express Hubballi

U’khand youth forced to join Russia war, dies

A 30-year-old Uttarakhand man, who went to Russia on a student visa for higher studies, died after he was allegedly forced to join the Russian army for Ukraine war.

time to read

1 min

December 19, 2025

The New Indian Express Hubballi

Chouhan tears into Oppn over din in LS, calls 'conduct' by INDIA MPs a blot

UNION Agriculture Minister Shivraj Singh Chouhan on Thursday flayed the Congress and other INDIA bloc parties for disrupting the Lok Sabha during the introduction of the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill.

time to read

1 mins

December 19, 2025

The New Indian Express Hubballi

Names of 16L MGNREGS workers out

ABOUT a month before the Centre introduced the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025, in the Lok Sabha to replace the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), official data shows that more than 16.3 lakh workers were removed from the scheme rolls in the preceding 36 days.

time to read

1 mins

December 19, 2025

The New Indian Express Hubballi

CCI will launch probe into IndiGo for ‘abusing its dominant position’

THE Competition Commission of India (CCI), a regulatory body under the Ministry of Corporate Affairs, will probe the practices of India's largest domestic airline, IndiGo, to assess whether it has abused its dominant position in the aviation sector.

time to read

1 min

December 19, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

Mamata to rename her govt-funded job scheme after Mahatma Gandhi

WEST Bengal Chief Minister Mamata Banerjee on Thursday said that her government would rename a state-funded job guarantee scheme after Mahatma Gandhi, a statement made amid the ongoing row over the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill (G RAM G Bill 2025).

time to read

1 min

December 19, 2025

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