Doing very well! RBI guv says India contributing more to global economy than US

Reserve Bank of India governor Sanjay Malhotra on Wednesday gave a firm reply to Donald Trump’s ‘dead economy’ remark, assuring that India’s economy is “doing very well” and contributing more to global growth than the United States.Speaking to reporters at the RBI headquarters, Malhotra highlighted India’s resilience and strong performance even as Trump’s controversial remark…

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Reality check for Trump’s tariff threats! US, Europe continue to import billions worth of goods from Russia; where does India stand?

What do the European Union and United States of America import from Russia? How does it compare to the India-Russia trade? US President Donald Trump may be irked with India’s oil trade with Russia, but the European Union and America continue to purchase Russian energy and commodities worth billions of euros and dollars, including liquefied…

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Services sector activity hits 11-month high in July

NEW DELHI: Demand for Indian services remained robust, and activity in the sector reached an 11-month high in July, driven by strong global orders, including from the US. Business confidence also strengthened, as shown by a survey released on Tuesday. In July, the HSBC India Services PMI business activity index was at 60.5, slightly changed…

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‘To make settlement simpler’: RBI to simplify claims process for deceased customers’ nominees; banks launch re-KYC drive for Jan Dhan accounts

RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims settlement process for bank accounts and safe deposit lockers of deceased customers to ease the burden on nominees trying to access funds.Addressing the third bi-monthly…

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Top stocks to buy today: Stock recommendations for August 6, 2025 – check list

Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, GRSE, Redington, and Raymond Realty are the top stocks to buy today:GRSE – Mean Reversion + Weekly ReversalBuy near: ₹2,650–₹2,600 | Stop Loss: ₹2,300 | Target: ₹3,200After correcting from the ₹3,600…

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Trade war: Trump was asked about India’s claim on US importing Russian uranium, fertilisers; here’s his response

(Photo credit: AP) US President Donald Trump on Tuesday said he “doesn’t know anything” about the American imports of fertilisers and chemicals from Russia. The statement came in response to India’s accusation of “double standards” over Washington’s criticism of New Delhi’s continued purchase of Russian oil.Trump’s remarks came during a press conference at the White…

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Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’

US President Donald Trump has issued a warning about increasing tariffs on India beyond the current 25%. (AI image) RBI governor Sanjay Malhotra on Wednesday indicated that it is difficult to predict the impact of the tariffs imposed by the Donald Trump administration on India. The RBI-led Monetary Policy Committee (MPC) has kept the repo…

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