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RBI decides to keep interest rate unchanged at 5.5%

Mumbai: After three successive interest cuts, the Reserve Bank Wednesday decided to keep policy rate unchanged at 5.5 per cent and retained the neutral stance, weighed by concerns over tariff uncertainties. Announcing the third bi-monthly monetary policy of the current fiscal, RBI Governor Sanjay Malhotra...

Medicines

Medicine import tariffs may go up to 250 pc: Trump

Washington: US President Donald Trump Tuesday said that upcoming tariffs on imported pharmaceuticals could eventually rise as high as 250 per cent, as part of his push to bring drug manufacturing back to the United States. In an interview with CNBC, Trump said the tariffs...

Defence Ministry approves Rs 67,000 crore for military hardware

New Delhi: The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh Tuesday approved various proposals for buying military hardware at a total cost of about Rs 67,000 crore. Acceptance of Necessity (AoN) was accorded for the procurement of Thermal Imager-based Driver Night...

 

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