The central bank revised India's growth outlook downward while highlighting strong domestic demand and economic resilience despite external challenges.
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The RBI kept the repo rate unchanged at 5.25% in its June 2026 MPC meeting while lowering FY27 GDP growth estimates to 6.6% and raising inflation projections to 5.1%. The central bank also announced several measures to attract foreign capital and strengthen India's external sector amid rising global uncertainties.
As part of the changes, the existing 12% and 28% slabs have been removed. While 5% and 18% slabs are in place.
It is significant to remember that the budget from the previous year had made room for projects in Bihar and Andhra Pradesh
The appointment shall be made for a maximum period of five years from the date of assumption of charge or till attaining the age of 65 years of the appointee
According to the trade association, the dry fruit market in India is expected to reach USD 12 billion by 2029, expanding at a compound annual growth rate of 18%.
States have been requested to submit their proposals, which will be compiled and finalized by the Central Electricity Authority.
The Indian stock market closed slightly lower on June 5, 2026, as investors reacted to the RBI's decision to keep interest rates unchanged while raising inflation projections and lowering GDP growth forecasts. Nifty ended below 23,400, Sensex slipped 117 points, while Bank Nifty outperformed. Adani Enterprises and Bajaj Finance gained, whereas Wipro and Trent declined amid stock-specific developments.
Indian benchmark indices closed nearly unchanged on June 4, 2026, as investors remained cautious ahead of the RBI monetary policy announcement. Easing crude oil prices, strong domestic institutional buying, and gains in Media and Consumer Durables helped support the market, while Titan emerged as a key outperformer on ambitious expansion plans.
Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.
Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.
The Indian stock market closed slightly lower on June 5, 2026, as investors reacted to the RBI's decision to keep interest rates unchanged while raising inflation projections and lowering GDP growth forecasts. Nifty ended below 23,400, Sensex slipped 117 points, while Bank Nifty outperformed. Adani Enterprises and Bajaj Finance gained, whereas Wipro and Trent declined amid stock-specific developments.
Indian benchmark indices closed nearly unchanged on June 4, 2026, as investors remained cautious ahead of the RBI monetary policy announcement. Easing crude oil prices, strong domestic institutional buying, and gains in Media and Consumer Durables helped support the market, while Titan emerged as a key outperformer on ambitious expansion plans.
Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.
Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.
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