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 The Reserve Bank of India (RBI) is preparing to cut interest rates once again. This news will bring great relief to crores of people who have taken loans. This year RBI has already reduced the repo rate twice 25 basis points in February.  And against 25 basis points in April. Due to this , the repo rate which was 6.5% at the begining of the year has now come down to 6% .  If the central bank cuts it by 25 basis points once against in june , it will come down to 5.75% , which can reduce your EMI even further. According to Economist and treasury heads of banks, a large number of experts believe that RBI may announce a cut of 0.25% i.e 25 basis points in the repo rate on june 6. This cut will directly affect the interest rates of your loan, which will reduce the burden of EMI. Economists believe that inflation has remained below RBI' target of 4% for the last three consecutive months. This has allowed the central bank to reduce interest rates. Apart from this, the focus of ...

Google has launched its Store in India, where expected sell its popular products through its official online store , a significant move that comes ahead of its first physical retail outlets in the country. For the first time , India users can purchase Pixel smart phones , smartwatches , and earbuds directly from the google Store website.Until now ,the company relied on authorised retail partners and online sales through Flipkart,the Walmart - backed e- Commerce platform now these move makes the company firat physical retail foray outside the United States.

The foreign visitors to the U.S is poised to fall by $ 8.5 billion thos year as negative perceptions tied to trade and immigration policy lead overseas tourists to look else where , according to a reasearch note published by Oxford Economics. The spending of foreign visitors dropped 5% as compared to last year. The Immigration policy grab most of visitors to avoid the country as a distination. and the other estimates suggest the potential economic loss may be even larger. The World Travel & Tourism Council said this month it expects the U.S. economy to lose a "staggering " $ 12.5 billion in spending from international visitors in 2025, a " direct blow to the U.S. economy overall ,impacting communities,jobs, and business from coast to coast.

Innovative Space Carrier (ISC) , the Tokyo - based rocket startup said on wednesday it will teat- launch a prototype in the United States in December using an American engine, aiming to achieve the first U.S - Japan joint commercial launch and address Japa's rocket shortage. The Japanese startup as compared to SpaceX, Blue Origin lacks cost- competitive launchers at home , which government sees as a bottleneck in its efforts to double the domestic space industry's size to 8 trillion yen. ISC said its ASCA 1.0 reusable launcher will conduct a 100 metre flight and landing test in Spaceport America in New Mexico , using rocket engine from U.S manufacturer Ursa Major.