Latest News, Updates & Breaking Headlines
MUMBAI: The RBI delivered its first rate cut since June 2025 on Friday, lowering the repo rate by 25 basis points to 5.25%. The move is expected to soften home loan rates, which may fall to a record low.The RBI also raised the growth projection for FY26 to 7.3% from 6.8% while lowering the inflation…
It’s Dev Anand‘s death anniversary today. The actor who is remembered for movies like ‘Guide’, ‘Jewel Thief’, ‘Kala Pani’, ‘Johny Mera Naam’ among others isn’t just remembered for breaking several stereotypes in Hindi cinema. The actor was also a major source of inspiration for many others who came after him and has also played an…
Honduras presidential candidates Nasry Asfura (L), Salvador Nasralla (C), and Rixi Moncada (R) Honduras held its presidential election on Sunday, amid growing concerns that the country could lose US aid if US President Donald Trump’s preferred candidate fails to win.The incumbent leader, Xiomara Castro, is a leftist and the first woman to serve as president…
The European Central Bank (ECB) sees interest rates as appropriately placed for now but has left room for potential cuts in 2026, according to minutes of its October meeting released on Thursday, AFP reported.The minutes showed that October’s unanimous decision to hold the key deposit rate at 2 per cent reflected broad agreement with Chief…
The US government has announced that Medicare will pay lower prices for 15 widely used prescription drugs, including blockbuster weight-loss medication Ozempic and several major cancer treatments. The reductions, which follow a new round of federal price negotiations, are expected to deliver billions in savings for taxpayers and provide cost relief for millions of older…
Fewer Americans applied for unemployment benefits last week, signalling continued stability in the labour market even as several large companies announced job cuts. According to AP, jobless claims fell by 6,000 to 216,000 in the week ending November 22, undershooting economists’ expectations of 230,000.Applications for unemployment aid — a key proxy for layoffs — remain…
India’s fiscal space is tightening as recent tax cuts weigh on revenue growth, leaving the government with less room to support the economy through policy measures, Moody’s Ratings said on Tuesday, according to PTI. The global agency flagged that lower collections in the current financial year have added pressure on the fiscal consolidation path.Speaking at…
Apple has cut dozens of sales positions across its enterprise, education, and government teams in a rare workforce reduction that caught affected employees by surprise. The iPhone maker is restructuring how it sells to institutional customers, with some workers believing the move signals a strategic shift toward third-party resellers rather than direct sales.The company confirmed…
Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…
India is set to benefit modestly from the United States’ decision to withdraw reciprocal tariffs on a set of agricultural products, including tea, coffee and spices, the commerce ministry said on Monday, PTI reported. The tariff exemptions, announced through a White House Executive Order on November 12, took effect the next day.The move rolls back…
