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RBI REPO may expected to cut again, big relief for home loan

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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 ...
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Foreign Students Lawsuit Plea

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Harvard filed a lawsuit in the US District Court in Massachuetts earlier on Friday, prompting the judge's swift intervention. A federal judge has temporarily blocked the trump administration's move strip Harvard University of its ability to enrol International students. The court issued a temporary restraining order halting the government's decision to revoke Harvard's certification in the atudent and Exchange Visitor Program (SEVP), which allows the university to host foreign students studying in the us on visas. In her brief ruling , Boston district judge Allison Burtoughs wrote that the university " made a sufficient showing ... That, unless its motion for a temporary restraining order... Is granted , it will sustain immediate and irreparable injury before there is an opportunity to hear from all parties.
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Vikasit Bharat meeting held in Benguluru

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 A high level Investors Roundtable Conference was held in Benguluru under the Chairmanship of Secretary ,Department for Promotion of Industry and Internal Trade (DPIIT) , Shri Amardeep Singh Bhatia. The meeting was organised as part of efforts to realise the vision of Vikasit Bharat @2047 and served as a platform to showcase the potential of southern industrial nodes under the National Industrial Corridor Development Programme (NICDP) and to strengthen Centre state collaboration for industrial growth. This served as a key platform to showcase the potential of southern industrial nodes under the National Industrial Corridor Development Programme (NICDP) strengthen Centre State collaboration for industrial growth. Senior DPIIT officials also shared updates on national initiatives including Start up India, buisness Reform Action Plan (BRAP) , National Single Window System (NSWS) , Logistics Ease Across Difference States (LEADS) ,and Invest India, which are enabling reforms and strengt...
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