RBI’s repo rate decision reflects wait-and-watch approach to assess evolving global situation IANS | 05 Jun, 2026 The RBI’s repo rate decision reflects the wait-and-watch approach to assess the evolving impact of external developments and their implications for domestic growth and inflation before going for interest rate adjustments, industry leaders and economists said on Friday.
Union Minister for Micro, Small and Medium Enterprises (MSME), Jitan Ram Manjhi, held a high-level meeting with senior officials to review the measures required to protect MSMEs from the adverse fallout of the West Asia crisis, according to an official statement issued on Wednesday.
Several financial changes affecting consumers and businesses have come into effect from June 1, ranging from security measures for Unified Payments Interface (UPI) transactions and changes in ATM withdrawal rules to tax-related deadlines and higher commercial LPG prices.
India’s design-linked incentive (DLI) scheme is showing good results, Union Minister Ashwini Vaishnaw has said, hailing the country’s first flagship AI system on chip (SOC) 'A2000' at 12nm technology node designed by Thiruvananthapuram-based fabless semiconductor startup Netrasemi.
Prime Minister Narendra Modi’s recent five-nation visit has helped India to secure an investment pipeline worth nearly $40 billion, with several global companies committing fresh investments and outlining expansion plans across key sectors, officials said.
