SC issues notice to RBI, ED, TRAI, states on plea to ban all betting apps

SC issues notice to RBI, ED, TRAI, states on plea to ban all betting apps

The petitioner, Dr K.A. Paul, claiming himself to be "a prominent social activist, humanitarian, and President of Global Peace Initiative, which is dedicated to promoting peace and justice globally", said the plea was filed in the interest of millions of people and to protect the sanity and democracy in India by banning "illegal" betting apps. Aug 1, 2025
Reserve Bank Of India

RBI's mammoth rate cut to diligently perform a new troika: SBI Research

The RBI monetary policy committee's (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral, should not be confused with a pause on future rate cuts trajectory in the medium term, but rather a semblance of adopting flexible manoeuvrability on part of a conscious regulator to diligently perform a new troika, a State Bank of India (SBI) Research report said on Tuesday. Jun 10, 2025
Reserve Bank Of India

RBI MPC begins, all eyes on 3rd rate cut as inflation stays benign

The Reserve Bank has already reduced the repo rate by 50 basis points in the previous two monetary policy reviews, lowering it to 6 per cent. Market participants are now watching closely for signs of a potential third rate cut, as expectations build for further monetary support to boost domestic growth amid worsening global macroeconomic conditions. Jun 4, 2025