India’s Extreme Poverty Plunges to 5.3%; World Bank Applauds the Progress
AMN / New Delhi The World Bank has reported a dramatic fall in the country’s extreme poverty rate—from 27.1% in 2011-12 to just 5.3% in 2022-23. This translates to a…
Final Trade June 6: Markets End Week on a High as RBI Rate Cuts Spark Broad-Based Rally
BIZ DESK Indian stock markets ended the week with a strong upward momentum, driven by the Reserve Bank of India’s (RBI) aggressive monetary policy easing. In a bold move to…
Homebuyers Rejoice: RBI Rate Cut to Drive EMIs Down, to Makes Housing More Affordable
R. Suryamurthy In a move poised to invigorate India’s real estate sector, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today announced a substantial 50 basis point (bps)…
RBI Slashes Repo Rate to 5.5%, Shifts Policy Stance to Neutral in Bid to Revive Growth
AMN / New Delhi, June 6, 2025 — In a significant move to boost economic momentum, the Reserve Bank of India (RBI) has slashed the repo rate by 50 basis…
India Unveils ‘Ayush Nivesh Saarthi’ Portal to Attract Global Investment in Traditional Medicine
Staff Reporter New Delhi In a major push to promote India as a global investment hub for traditional medicine and holistic wellness, the Government of India has launched the ‘Ayush…
India, Norway and Germany Deepen Maritime Ties Through Key Shipbuilding Pacts
AMN / Oslo, 6 June 2025: India’s maritime sector took centre stage at the prestigious Nor-Shipping 2025 event in Oslo, with major Indian firms securing landmark international deals in shipbuilding,…
ED searches 10 locations in ₹190 crore Bank of Baroda fraud case against Sidhdata Ispat Pvt Ltd
The Enforcement Directorate is conducting searches at ten locations in a case against Shri Sidhdata Ispat Private Limited and others, in which Bank of Baroda was defrauded to the tune…
India-Bangladesh trade via Benapole land port suspended for 10 days during Eid-ul-Azha
Export and import activities between India and Bangladesh through the Benapole land port will remain suspended for ten days on the occasion of Eid-ul-Azha. Trade operations will be closed from…
India, Kyrgyzstan’s Bilateral Investment Treaty comes into force
India and Kyrgyzstan Thursday signed the Protocol and exchanged the Instrument of Ratification of the Bilateral Investment Treaty (BIT). The BIT was signed in presence of Union Finance Minister Nirmala…
RBI imposes penalty on three Fin institutions for lapses
AMN The Reserve Bank of India (RBI) has imposed monetary penalties on three financial institutions for non-compliance with regulatory guidelines, citing violations ranging from unauthorized public deposit acceptance to lapses…