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NEW DELHI: West Bengal could be on the cusp of “poriborton” with the exit polls predicting a hung assembly that could mark the end of Mamata Banerjee’s 15-year-old rule in the state. Most of the exit polls projected a neck-and-neck race between the ruling Trinamool Congress (TMC) and the BJP in West Bengal.And the other…
Russian President Vladimir Putin (AP photo) Russia on Saturday dismissed reports claiming Moscow had offered a quid pro quo to Washington to halt intelligence sharing with Iran amid the ongoing escalation involving the US and Israel, in exchange for easing pressure in Ukraine.The reports, which also said the United States rejected the proposal, were termed…
WTO Director-General Ngozi Okonjo-Iweala The World Trade Organization (WTO) needs urgent structural reform as the global trading system undergoes rapid economic and technological shifts, WTO Director-General Ngozi Okonjo-Iweala said, warning that maintaining the current framework is no longer viable, AFP reported.Speaking in Geneva on Wednesday, Okonjo-Iweala said the global trade body and the broader multilateral…
The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…
A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate, calling it the “best possible option” for the Reserve Bank of India (RBI), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy review.The…
