Sanjay Malhotra

This move is expected to give the government additional financial room at a time of geopolitical uncertainty and global economic challenges.

After the government raised gold import duty, fresh attention has turned to petrol and diesel prices as crude stays high. Remarks by PM Narendra Modi, the RBI and the IMF have sharpened concerns that consumers may not stay protected indefinitely.

RBI Governor Sanjay Malhotra said India may have to raise petrol and diesel prices if the West Asia crisis persists. The remarks highlight growing pressure on inflation, fuel imports and state-run oil companies absorbing higher crude costs.

Karan Johar's Met Gala debut in a Manish Malhotra ensemble drew directly from Raja Ravi Varma's paintings. The tribute highlighted how the artist's imagery continues to shape Indian cinema, costume design and popular culture.

The RBI keeping repo rate unchanged at 5.25 per cent was about managing volatility, preserving flexibility and preparing the economy for more uncertainty

The warning comes even as the central bank projects India’s economy to grow 6.9% this financial year, signalling that while the growth engine is intact, fresh global shocks are building.

The Reserve Bank of India has kept its key policy rate unchanged at 5.25%, marking no change since December 2025, as policymakers chose to wait amid rising global uncertainty linked to the West Asia conflict.

The third anniversary of the Nita Mukesh Ambani Cultural Centre (NMACC) was marked by a star-studded evening, with Bollywood names like Ranveer Singh, Salman Khan and Vicky Kaushal in attendance.

Finance Minister Nirmala Sitharaman said banks cannot treat mis-selling as routine business and called it an offence. Her remarks come as the Reserve Bank of India is preparing to issue guidance aimed at curbing mis-selling practices by banks.

The Finance Minister said gold has always been a favoured investment for Indian households. Demand often rises during festival seasons such as Akshaya Tritiya and other auspicious occasions.

In its December policy meeting, the Reserve Bank of India had reduced the repo rate by 25 basis points from 5.50% to 5.25%. At the same time, it retained a neutral policy stance.

RBI Governor Sanjay Malhotra said maintaining financial stability, resilient institutions and prudent regulation remains central to safeguarding the economy from external shocks.

Since he took over as Reserve Bank of India Governor a year back, Sanjay Malhotra has walked the fine line between sustaining growth and safeguarding stability. At the RBI's headquarters in Mumbai, he spoke to Group Editorial Director Raj Chengappa and Managing Editor M.G. Arun on a range of economic issues, like why he considers the economy to be in a Goldilocks phase, how the repo rate cuts will push demand, whether the RBI has any plans to shore up the weakening Indian rupee, and more. Excerpts:

India's economy will not remain in this Goldilocks moment forever. The challenge is to convert this statistical sweetness into sustained, inclusive growth.

An 8.2 per cent growth in GDP in Q2 of FY26, along with benign inflation, has placed the Indian economy in a unique sweet spot. Can it put the country on a high-trajectory growth path, give the job market a much-needed boost?

Is the current exuberance in the economy a momentary surge, or does it signal a structural reboot that could extend into the next few quarters? And what more needs to be done to keep the momentum going? Here's what the Board of India Today Economists (BITE) think

RBI governor Sanjay Malhotra said the decision took into account low inflation and the impressive second quarter GDP growth—a “Goldilocks” moment for the economy

RBI Governor Sanjay Malhotra said the committee unanimously agreed on the rate cut after assessing inflation trends, growth forecasts and liquidity needs.

Is your FD income set to shrink as banks prepare to reduce deposit rates after the RBI’s rate cut? Let's have a look.

The rate cut takes the repo rate down from 5.5% to 5.25%. Alongside this, the Standing Deposit Facility (SDF) rate has been adjusted to 5%, while the Marginal Standing Facility (MSF) rate and the bank rate now stand at 5.5%.