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RBI forecasts 7.2 pc GDP growth on back of rising urban, rural demand

RBI Projects 7.2% GDP Growth Despite Global Uncertainties

The Reserve Bank of India (RBI) announced a projected GDP growth of 7.2% for India in the fiscal year 2024-25. This projection, made on August 8, 2024, is based on the strength of investment demand, steady urban consumption, and rising rural consumption. Aug 8, 2024
Reserve Bank Of India

RBI Keeps Repo Rate Unchanged, focuses on Price Stability

RBI Governor Shaktikanta Das said the Monetary Policy Committee has decided by a 4:2 majority to keep the repo rate unchanged as inflation has risen above 5 per cent and is still above the targeted level of 4 per cent. Aug 8, 2024
Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

The Indian Embassy in Laos rescued 14 Indian youths from cyber-scam centres in the Golden Triangle SEZ. The victims were lured to Laos with fraudulent job offers and then held captive. The Embassy has issued warnings and advisories to Indian workers considering employment in Laos. Similar incidents have been reported in other Southeast Asian countries, highlighting the need for international efforts to combat this issue. Aug 7, 2024
India, US working to 'shape the future', write Blinken, Austin

US and India Unite to Counter China's Influence in Semiconductors and Bolster Supply Chain Resilience

The US-India strategic partnership is crucial in shaping the future of sectors like AI, semiconductors, and clean energy. The partnership has evolved with a focus on joint investments in future-shaping sectors and initiatives like the Quad and iCET. The collaboration serves as a counterbalance to China's influence in the semiconductor market and bolsters supply chain resilience. The alliance underscores the commitment of both nations to maintaining regional stability and security, indicating the evolving nature of 21st-century international relations. Aug 7, 2024
101 killed in attacks, violence across Bangladesh

EAM Jaishankar briefs all-party meet on Bangladesh situation

The Central government has called an all-party meeting on Tuesday regarding the situation in Bangladesh, in which External Affairs Minister (EAM) S. Jaishankar briefed leaders of all political parties about the situation in the violence-struck nation and the steps taken by the Indian government. Aug 6, 2024
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