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Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank has decided to keep the repo rate unchanged at 5.25 per cent and retain its 'neutral' monetary policy stance

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RBI Governor Sanjay Malhotra on Friday said a proposal to introduce polymer currency notes is under consideration of the central bank, and the idea is currently at a preliminary stage.
Malhotra said no decision has been taken in the matter as yet, and the apex bank is examining the feasibility of such a move.
"As far as polymer notes are concerned, the proposal is under consideration. As soon as any decision is taken on it, we will inform you," Malhotra said during the post-monetary policy press conference here.
The governor said media reports on the issue carry some truth, but clarified that the central bank has not taken any decision and the proposal remains at a preliminary stage.
"We are examining the pros and cons of it and whether it would be worthwhile to implement. It is still at a preliminary stage," Malhotra said.
The RBI is evaluating the advantages and drawbacks of polymer notes and whether their introduction would be worthwhile, according to the governor.
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Ahead of the 2026 FIFA World Cup in the United States, Canada, and Mexico, a growing number of long-time supporters say this edition has become financially and logistically out of reach.

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This brings the combined license commitment to 300,000 seats within six months. Puneet Chandok, president Microsoft India and South Asia says that enterprise AI at scale is gathering pace

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Ten people were killed and several injured on Wednesday when a massive fire broke out in a restaurant in south Delhi's Malviya Nagar, officials said.
Three people were rescued from the basement of the Lemon Green Restaurant, an official of the Delhi Fire Service said.
Multiple fire tenders were rushed to control the blaze around 8.50 am.
They were shifted to a hospital by CATS ambulances for medical treatment. Their condition was not immediately known.
The cause of the fire is yet to be ascertained. Further details are awaited.

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Travel platform ixigo will acquire a 54.66 per cent stake in Brevistay for Rs 65.69 crore, expanding its hotel network and strengthening its accommodation business

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