States » West


RBI cuts repo rate by 25 bps; home loan relief expected

Mumbai, Dec 5 (UNI) The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.50% to 5.25%. The decision was taken during the Monetary Policy Committee (MPC) meeting held on December 3, 4 and 5.
This is the fourth rate cut in the 2025 calendar year, taking the cumulative reduction to 125 basis points. The committee, chaired by RBI Governor Sanjay Malhotra, voted unanimously in favour of the cut after reviewing inflation trends, liquidity conditions and economic growth prospects.
Following the revision, the Standing Deposit Facility (SDF) rate is now 5.0%, while the Marginal Standing Facility (MSF) rate and the Bank Rate stand at 5.50%. The RBI has retained its neutral policy stance. Governor Sanjay Malhotra said the rate decision followed a comprehensive assessment of the economic outlook.
More News

Tenneco clean air, Indian Army and Vaghmi foundation launch 5,000-tree plantation drive in Pune

18 Jan 2026 | 10:33 PM

Pune, Jan 18 (UNI) Rapid urbanization in recent years has led to large-scale tree cutting, disturbing ecological balance and contributing to rising temperatures and declining air quality. Against this backdrop, urban forestry has emerged as a vital solution for restoring environmental harmony and building climate resilience.

see more..

Private sector surpasses public sector in defence reasearch and development: Rajnath Singh

18 Jan 2026 | 9:25 PM

Nagpur, Jan 18 (UNI) union Defence Minister Rajnath Singh on Sunday said the private sector has moved ahead of the public sector in research and development, marking a significant shift in India’s defence ecosystem.

see more..

Maha: One of main killers in Mangesh Kalokhe murder case arrested

18 Jan 2026 | 8:48 PM

Kolhapur, Raigad, Jan 18 (UNI) Khalapur police today successfully arrested one of the main killers in Mangesh Kalokhe murder case, who was absconding, from Khopoli of Raigad district.

see more..

Maha: Poland invites former MP Sambhajiraje Chhatrapati for World Economic Forum

18 Jan 2026 | 8:37 PM

Kolhapur, Jan 18 (UNI) Poland has specially invited former Rajy Sabha MP Yuvraj Sambhajiraje Chhatrapati to participate in annual conference organized by the World Economic Forum (WEF), an international organization based in Switzerland, at Davos.

see more..

Advantage Vidarbha 2026: Nagpur to host grand industrial Expo from Feb 6–8

18 Jan 2026 | 8:33 PM

Nagpur, Jan 18 (UNI) The Association for Industrial Development (AID) will host the third edition of the Advantage Vidarbha 2026 – Khasdar Audyogik Mahotsav at the Rashtrasant Tukadoji Maharaj Nagpur University Campus from February 6 to 8.

see more..