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RBI Holds Repo Rate at 5.25%, Maintains Neutral Stance Amid Inflation Risks and Global Uncertainty
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RBI Holds Repo Rate at 5.25%, Maintains Neutral Stance Amid Inflation Risks and Global Uncertainty

The Reserve Bank of India (RBI) has decided to keep the benchmark repo rate unchanged at 5.25% following the latest meeting of its Monetary Policy Committee (MPC), signaling a cautious approach as policymakers navigate a complex economic environment marked by inflationary pressures, global uncertainties, and currency volatility. The decision, announced after the MPC’s policy review,...

Trump Urges Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations
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Trump Urges Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations

Washington: Former U.S. President Donald Trump has called for the resignation of Federal Reserve Governor Lisa Cook following allegations of mortgage fraud. The controversy emerged after Bill Pulte, director of the Federal Housing Finance Agency and a Trump ally, urged the Justice Department to investigate two mortgages Cook allegedly misrepresented. Trump echoed these claims on...