By:- Mr. Vikas Garg, Head – Fixed Income, Invesco Mutual Fund. Unlike many other Asian central banks, the MPC has maintained its pragmatic approach of using policy rates for inflation management while relying on other measures for currency support. The policy rate and neutral stance have been maintained despite elevated global uncertainty and energy prices. Nonetheless, the 50-bps increase in FY27 inflation projections to 5.1%…
RBI Holds Repo Rate at 5.25 percent: Policy Pause Signals Stability for Growth and MSME Credit Confidence Amid Inflation and Global Uncertainty
By Lakshmi Venkataraman Venkatesan, Founding and Managing Trustee, Bharatiya Yuva Shakti Trust. “The RBI’s decision to keep the repo rate unchanged at 5.25% reflects a calibrated and balanced approach amid resilient growth and continued inflation risks from crude oil prices, food inflation, rupee movement, supply chain disruptions, and global uncertainty. For micro and small entrepreneurs, a pause provides much-needed predictability. Stable borrowing costs help entrepreneurs plan…
RBI Holds Rates Steady, Unveils Measures to Strengthen Capital Flows and External Stability
By:-Mr. Anil Bamboli, Head, Fixed Income of HDFC Asset Management Company Limited (HDFC AMC). “The Monetary Policy kept the policy repo rate unchanged and maintained a neutral stance. It also revised its FY27 projections, lowering the growth outlook while increasing the inflation estimate. In view of prevailing elevated global uncertainty, we believe, policy reflects a prudent, calibrated and constructive approach. Going into the policy, external…
China Tightens Oversight of Gig Economy Amid Worker Concerns
June 5: China has reportedly stepped up regulatory and administrative oversight of its gig economy sector amid growing dissatisfaction among platform-based workers seeking improved wages and working conditions. According to reports, authorities are focusing on maintaining stability within the rapidly expanding app-based services industry, which includes food delivery, ride-hailing, and logistics platforms employing millions of workers across urban centres. The gig economy has become a…
Shatz, Schwartz and Fentin encourages families to view estate planning as a defense against AI-driven financial scams
SPRINGFIELD, Mass. – As AI and high-tech scams targeting older adults become more sophisticated and more widespread, attorneys at Shatz, Schwartz and Fentin P.C. are encouraging families to view estate planning as an important tool for financial protection and fraud prevention. The most recent Federal Trade Commission numbers show older Americans reported losing $2.4 billion to fraud, four times the amount reported just four years earlier. Increasingly sophisticated…
Mumbai Tech Week 2026 Concludes, Uniting 10,000 Over Innovators to Advance India’s AI Future
Mumbai, June 5: Mumbai Tech Week 2026, the flagship AI festival presented by the Tech Entrepreneurs Association of Mumbai (TEAM) and the Government of Maharashtra powered by IDFC FIRST Bank and co-powered by Meta and MMRDA, concluded its third edition after bringing together more than 10,000 developers, founders, investors, policymakers and AI enthusiasts from across India’s technology ecosystem for two days of conversations, collaboration, innovation…
Project HOPE CEO Rabih Torbah joins The Washington Post Intelligence Council for Global Security
Project HOPE is thrilled to announce that Rabih Torbay is joining the Washington Post Intelligence Council as a member of their Global Security Council. Torbay joined Project HOPE in 2017. In his current role as CEO, he oversees the organization’s global health and humanitarian programs across more than 30 countries. With decades of experience across complex emergency and development environments, Torbay brings deep expertise in global health,…
South Indian Bank, Choice International Welcome RBI Policy
South Indian Bank and Choice International Welcome RBI’s Balanced Policy Stance and Investor-Friendly Reforms Mr. Vinod Francis, SGM & Chief Financial Officer, South Indian Bank: “The RBI‘s decision to keep the repo rate unchanged at 5.25% while maintaining a neutral stance reflects a balanced, prudent approach amid global uncertainties. With GDP growth revised to 6.6% and CPI inflation at 5.1% within the target range, the central bank rightly flags…
IHCL Reaffirms Commitment To Responsible Hospitality On World Environment Day
MUMBAI, JUNE 5, 2026: Marking World Environment Day, Indian Hotels Company (IHCL), guided by its ESG+ framework of Paathya, reaffirms its commitment to advancing responsible hospitality. Conceived as a path to positive change, Paathya integrates IHCL’s initiatives across clean energy, water stewardship, circular operations, waste reduction, green mobility and verifiable sustainability standards. Mr. Gaurav Pokhariyal, Executive Vice President – Human Resources, IHCL, said, “With a growing emphasis on…
Baker Tilly Asia-Pacific to Host Webinar on Latest Transfer Pricing Developments Across the Region
June 10 Webinar to Provide Key Insights into Evolving Transfer Pricing Regulations Across Five Major Jurisdictions Malaysia, June 5: Businesses and tax professionals across the Asia-Pacific region will have an opportunity to gain valuable insights into the rapidly evolving transfer pricing (TP) landscape through an upcoming webinar hosted by Baker Tilly Asia-Pacific. Scheduled for 10 June 2026, from 1:00 PM to 2:00 PM (GMT+8) on…