Passenger vehicle discounts are likely to remain elevated in FY25, global brokerage Nomura said.
RBI may cut repo rate only in Q3 FY25: Economist
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top economist in the State Bank of India (SBI).
SBI refuses to disclose SOP for sale in RTI reply
The State Bank of India (SBI) has refused to disclose its standard operating procedure for the sale and redemption of the electoral bonds that were issued to its authorised branches, citing the exemption given under “commercial confidence”, according to an RTI response.
US, Britain announce partnership on AI safety, testing
The United States and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions.
Putin vows to find the masterminds of the Moscow attack
Russian President Vladimir Putin vowed on Tuesday to track down the masterminds of the Moscow concert hall attack that left 144 people dead in the worst assault on Russian soil in two decades, and urged the country’s law enforcement agencies to tighten security at mass gatherings.
Israeli airstrike on Gaza kills seven working for NGO
Citizens from Australia, Britain and Poland were among seven people working for celebrity chef Jose Andres’ World Central Kitchen who were killed in an Israeli airstrike in central Gaza on Monday, the NGO said.
Egypt’s Sisi sworn in for third term
Egyptian President Abdel Fattah al-Sisi was sworn in for his third term on Tuesday in the country’s new capital, the largest of the mega-projects that have signified his rule while stretching the country’s finances.
KCR’s nephew arrested in land grab case
BRS supremo and former Telangana Chief Minister K. Chandrasekhar Rao’s nephew Kalvakuntla Tejeshwar Rao, alias Kanna Rao, has been arrested in a land dispute case, police said on Tuesday.
Digital infrastructure is taking India towards Viksit Bharat: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday said that the digital infrastructure is taking the country towards attaining Viksit Bharat by 2047.
Katchatheevu row: PM Modi sharpens attack on Congress
Weighing in on the Katchatheevu issue, Prime Minister Narendra Modi on Tuesday hit out at the Congress party, accusing it of “dividing the country into pieces” during its 60 year-long regime.
