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RBI projects 5 pc inflation for FY27, seen rising in near term

Aug 5, 2026

Mumbai, Aug 5 (IANS) The Reserve Bank of India (RBI) on Wednesday projected consumer price inflation at 5 per cent for FY27, while expecting it to rise further in the near term.Announcing the Monetary Policy Committee's (MPC) decision to keep the repo rate unchanged at 5.25 per cent, Malhotra said headline consumer price inflation (CPI) rose to 4.4…

Economy remains resilient amid steady domestic demand: RBI Governor

Aug 5, 2026

New Delhi, Aug 5 (IANS) The Indian economy has remained resilient amid persisting global headwinds, RBI Governor Sanjay Malhotra said on Wednesday, adding that high frequency indicators available so far point towards steady domestic demand…

Business

Over 6.64 crore jobseekers registered on National Career Service portal since launch

Aug 5, 2026

New Delhi, Aug 5 (IANS) More than 6.64 crore jobseekers have registered on the National Career Service (NCS) portal since its inception, with 2.89 crore active jobseekers currently on the platform, an official statement said on Wednesday.In…

Business

RBI holds repo rate at 5.25 pc, maintains neutral instance as global tensions linger

Aug 5, 2026

New Delhi, Aug 5 (IANS) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, while maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting amid the ongoing geopolitical…

Business

Indian equity markets open higher ahead of RBI’s policy outcome

Aug 5, 2026

Mumbai, Aug 5 (IANS) Domestic equity markets opened higher on Wednesday ahead of the RBI's policy decision as the headline index surged almost 1 per cent, while global cues were also positive.Sensex started the trading session at 79,055.38,…

Business

RBI to announce MPC decision today; rates likely to remain unchanged

Aug 5, 2026

Mumbai, Aug 5 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the outcome of the Monetary Policy Committee's (MPC) three-day meeting on Wednesday, with economists and market participants widely expecting the…

Business

Coupang swings to Q2 loss on data breach fines

Aug 5, 2026

Seoul, Aug 5 (IANS) E-commerce giant Coupang said on Wednesday it swung to a net loss in the second quarter from a year earlier due to fines related to a massive data breach.In the three months that ended in June, the U.S.-listed company…

Business

Seoul shares extend gains amid Hormuz hopes, easing AI concerns

Aug 5, 2026

Seoul, Aug 5 (IANS) Seoul shares extended gains late on Wednesday as easing concerns over artificial intelligence (AI) profitability and hopes for an interim agreement between the United States and Iran over the Strait of Hormuz lifted…

Business

PLI-auto scheme attracts Rs 44,326 crore investment, generates nearly 68,000 jobs: Govt

Aug 4, 2026

New Delhi, Aug 4 (IANS) The Production Linked Incentive (PLI) scheme for automobiles and auto components has attracted investments worth Rs 44,326 crore and generated 67,820 jobs till March 31, 2026, the Ministry of Heavy Industries said on…

Business

Govt invites applications for GATC recognition to boost verification capacity

Aug 4, 2026

New Delhi, Aug 4 (IANS) The Department of Consumer Affairs has invited online applications to grant recognition of Government-Approved Test Centres (GATC) to expand verification capacity and improve access to services, an official statement…

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