The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation outlook for FY26 amid strong economic momentum and falling retail inflation.

The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation

RBI cuts repo rate by 25 bps to 5.25%, keeps policy stance 'neutral'

RBI cuts repo rate by 25 bps to 5.25%, keeps policy stance ‘neutral’

Nexus Select Trust acquired retail space at Nexus Elante in Chandigarh at an enterprise value of Rs 253.7 crore, funding the deal via commercial paper and cash while keeping its loan-to-value at 18%

Business Standard

Ola Electric is preparing to recruit about 1,000 senior service technicians and specialised professionals as the company moves into the next phase of its Hyperservice programme, according to people familiar with the plan.
The expansion will substantially bolster the firm's after-sales workforce of around 2,000 and follows weeks of rapid-response efforts to clear service backlogs in key markets.
"This is the second, more structural leg of Hyperservice," a senior company official said, requesting anonymity. "The taskforce was the firefight. This phase is about ensuring we don't have to go through it again."
Unlike a typical hiring expansion, the upcoming drive focuses on senior and specialist roles - from EV diagnostics experts to service centre managers and customer-facing advisors.
Insiders say the objective is to upgrade capability rather than merely increase headcount, targeting roles that influence repair accuracy, centre operations, and first-contact customer experience.
"We a

The expansion will substantially bolster the firm's after-sales workforce of around 2,000 and follows weeks of rapid-response efforts to clear service backlogs in key markets

Press Trust of India

Google has started rolling out its new Gemini 3 Deep Think mode to Google AI Ultra subscribers, offering major upgrades in reasoning, problem-solving, and complex task handling

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The number of road accident fatalities in India rose 2.3 per cent to over 1.77 lakh in 2024, resulting in the death of 485 persons every day, Parliament was informed.
Union Minister of Road Transport and Highways Nitin Gadkari, in a written reply to Lok Sabha, said that the Stockholm Declaration on Road Safety, adopted at the 3rd Global Ministerial Conference on Road Safety in February 2020, sets a new global target to reduce road traffic deaths and injuries by 50 per cent by 2030.
"As per the information received from States/UTs, total number of road accident fatalities reported in the country on all categories of roads during the calendar year 2024 were 1,77,177, which includes data in respect of West Bengal taken from eDAR portal," Gadkari said.
A total number of 4,80,583 road accidents have been reported by Police Departments of States and Union Territories (UTs) in the country during the calendar year 2023, claiming 1,72,890 lives and causing injuries to 4,62,825 persons.
The 

Gadkari said the government has formulated a multi-pronged strategy to address the issue of road safety based on 4E's

As Vladimir Putin visits India, the ICC arrest warrant resurfaces, but New Delhi faces no legal duty to detain him since India is not a Rome Statute signatory

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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RBI cuts repo rate by 25 bps to 5.25%, keeps policy stance ‘neutral’

The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation outlook for FY26 amid strong economic momentum and falling retail inflation.

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