Daily Republic News
- Business
- June 5, 2026
India GDP Growth Hits 7.7% in FY26 as Manufacturing and Services Sectors Lead Expansion
The Ministry of Statistics and Programme Implementation (MoSPI) released provisional estimates for the fiscal year 2025-26. Real GDP reached ₹323.12 lakh crore, hence marking a steady increase from the 7.1% growth recorded in the previous financial year. Nominal GDP also witnesse Read More
- Business
- June 5, 2026
How India Plans To Boost Self-Reliance As RBI Raises Inflation Outlook
Amid elevated oil prices, and inflation woes impacting India’s inflation outlook, the South Asian country is keen on identifying 100 products, which are not produced domestically even after existing production capability. On India’s inflation outlook, RBI Governor Sanjay Malhotra Read More
- Business
- June 5, 2026
RBI Governor Sanjay Malhotra’s Cryptic Hint That Matters To Tata Sons
As part of his monetary policy announcement on June 5, Friday, RBI Governor Sanjay Malhotra said India’s apex bank is working on a fresh list of upper-layer non-banking financial companies (NBFCs).“Upper layer NBFC list is out there, it continues until we update it. Will update u Read More
- Business
- June 5, 2026
Oil Prices Dip Following Confirmation of Normal Operations at Oman’s Mina al Fahal Terminal
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2.84 Read More
- Business
- June 5, 2026
India Gold Market: Retail Demand Moderates as High Prices and Season End Impact Sales
Gold demand was subdued in India as buyers stayed on the sidelines due to volatile overseas prices, while premiums in China eased slightly.Domestic gold prices were trading around 158,400 rupees per 10 grams on Friday.Dealers quoted discounts of up to $87 an ounce over official d Read More
- Business
- June 5, 2026
‘We Will Treat This as an Opportunity to Build More Strength,’ Says RBI Governor Sanjay Malhotra
Reserve Bank of India Governor Sanjay Malhotra delivered a confident outlook for the Indian economy today, asserting that the nation remains better positioned than many others to navigate current global challenges.Speaking at the post-MPC press conference, the Governor addressed Read More
- Business
- June 5, 2026
Why Australia’s AirTrunk Will Invest Nearly Rs 3 Lakh Crore In India
Australia’s AirTrunk has announced plans to invest around Rs 3 lakh crore or $30 billion in India, including developing a 5 GW of data centre capacity. This is among the largest proposed investments in the country’s digital infrastructure ecosystem.In an X post, PM Narendra Modi Read More
- Business
- June 5, 2026
Indian Rupee Rallies to 95.24 After RBI Pauses Repo Rate and Boosts Foreign Inflow Norms
The Indian rupee reversed its recent downward trajectory, surging by 50 paise to strike 95.24 against the US dollar. The rebound hit immediately after the Reserve Bank of India rolled out structural capital market reforms to pull in overseas greenbacks.The domestic currency began Read More
- Business
- June 5, 2026
RBI Hikes FY27 Inflation Target To 5.1% As West Asia War Shocks Mount
The Reserve Bank of India has revised its domestic consumer inflation outlook upward to 5.1% for the current fiscal year, citing macroeconomic pressures from the West Asia conflict. RBI Governor Sanjay Malhotra announced that the Monetary Policy Committee decided to keep the benc Read More
- Business
- June 5, 2026
‘Global Disruptions Pose Downside Risks’: RBI Slash India’s GDP Forecast To 6.6% Amid Oil Shock
The Reserve Bank of India delivered a hit to economic projections, slashing its growth forecast for the financial year as prolonged international conflicts begin to strain the domestic economy.Monetary Policy Committee (MPC) voted to keep the benchmark repo rate frozen at 5.25%.S Read More
