RBI cuts the repo rate to 5.25%, revises FY26 GDP growth to 7.3%, and lowers its inflation forecast to 2%, signalling stronger momentum and easing food-price pressures
The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April, according to estimates by DBS Bank Ltd.
By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.
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