India's retail inflation fell sharply to record low of 0.25% in Oct, data by MoSPI showed. This marks a shift from the last MPC announcement, when RBI maintained repo rate at 5.5%.
At a summit in Mumbai, Malhotra says multilateralism has 'unfortunately' taken a back seat, and notes that there are many more such pacts in the negotiation stage.
This comes amid looming uncertainties as Trump’s tariff regime kicks in. RBI also revised its growth estimates for FY25-26, lowering GDP estimates by 20 points to 6.5% from 6.7%.
Currently serving as revenue secretary, Malhotra, a 1990 batch IAS officer of Rajasthan cadre, will take over following 10 December retirement of incumbent governor Shaktikanta Das.
MAGA’s opposition to H1-B visas for Indians has become rather well known, but compared to Hispanic immigration, the India question pales into relative insignificance.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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