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RBI MPC keeps repo rate at 5.5% | UPI may not stay free forever: RBI Governor | India & Philippines ink strategic partnership with focus on defence
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ETGovernment Newsletter | Thursday, August 7, 2025

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India's journey to becoming the world's GCC powerhouse is a landmark achievement built on ambition, skill, and strategic governance. By continuing to ...
This is the first time the RBI has maintained the status quo on rates since it began the easing cycle in February 2025.
PM Modi emphasized their shared commitment to a rules-based Indo-Pacific region. The Philippines lauded India's defense capabilities, particularly the...
India and Philippines elevate ties to a Strategic Partnership. Prime Minister Narendra Modi announces free e-visas for Filipino tourists. This recipro...
The Defence Acquisition Council has approved proposals for the procurement of indigenous Medium Altitude Long Endurance drones, autonomous surface ves...
The drones, crucial for long-range operations, will be produced in India with 60 per cent indigenous content. The BrahMos missiles, previously used ag...
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept th...
I never said that UPI can stay free forever. What I said was there are costs, and they need to be paid for by someone." said RBI Governor Malhotra.
The meeting took place amid US President Donald Trump's threats to slap harsh sanctions on India for buying crude oil from Russia.
This decision comes as inflation eases. The move follows three previous rate cuts. It precedes the festive season when credit demand rises.
 
 
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