Tag: Daily Business News Digest

_Markets open today — RBI MPC week in focus (Jun 3–5, outcome Jun 5)_ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📊 *ECONOMY & POLICY* ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🏦 *RBI MPC Begins — Rate Hold Expected, Commentary Key* The RBI’s…

_Markets open today — RBI MPC meets June 3–5, rate decision June 6_ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📊 *ECONOMY & POLICY* ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝 *India–US Trade Talks Begin Today in New Delhi* Chief negotiators Brendan Lynch…

_Markets open today after Bakri Id holiday (Wed 28). RBI MPC: Jun 3–5._ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📊 *ECONOMY & POLICY* ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🏦 *Subbarao: Let Rupee Slide, Don’t Hike Rates* Former RBI Governor Subbarao publicly…

🏦 Economy / Policy • Former RBI Governor Subbarao advised the RBI to allow rupee depreciation and use liquidity tools rather than rate hikes as the primary response to inflation, ahead of…

🏦 Economy / Policy • Economists warn that repeated fuel price hikes could push India’s retail inflation close to 5% by June, increasing pressure on household budgets 📈⛽ • A new report…

🏦 Economy / Policy • Global business growth stalled in May amid the West Asia conflict, with Europe seeing the sharpest slowdown, according to S&P Global 🌍📉 • Fuel prices were raised…

🏦 Economy / Policy • Petrol prices were raised again by ₹0.87/litre and diesel by ₹0.91/litre, adding to inflationary pressures ⛽📈 • RBI approved a record ₹2.87 lakh crore surplus transfer to…

🏦 Economy / Policy • Wind and solar generated more electricity globally than gas for the first time in April, marking a major milestone in the energy transition ⚡🌍 • Rupee weakened…

🏦 Economy / Policy • US 30-year Treasury yield crossed 5.19%, reinforcing the global “higher-for-longer” interest-rate environment 🌍📊 • Rating agencies warned that the West Asia crisis and adverse weather conditions could…

🏦 Economy / Policy • Urban areas are expected to contribute nearly 70% of India’s GDP growth by 2036, highlighting the rising importance of urbanisation 💹📈 • Petrol and diesel prices were…