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August 6, 2025 12:44 PM

RBI retains India’s GDP growth forecast at 6.5% for FY 2025-26

The Reserve Bank of India (RBI) on Wednesday retained its GDP growth forecast for India at 6.5% for the financial year 2025-26, citing robust rural demand supported by a favourable monsoon and continued government expenditure on large-scale infrastru...

August 6, 2025 9:46 AM

Massive wildfire in California; hundreds of structures at risk

A fast-moving wildfire, dubbed the Gifford Fire, has scorched over 82,000 acres (approximately 332 square kilometers) in less than five days, threatening hundreds of structures and prompting widespread evacuation orders across Central California. Th...

August 6, 2025 10:34 AM

RBI keeps Repo Rate unchanged at 5.5% in August policy meet

The Reserve Bank of India (RBI) on Wednesday kept the repo rate steady at 5.5% during its August Monetary Policy Committee (MPC) meeting, citing favourable macroeconomic indicators and easing inflation. The decision was announced by RBI Governor Sanj...

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