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PM Modi chairs EAC meeting, discusses measures to boost India’s economic growth
Prime Minister Narendra Modi on Saturday met members of the Economic Advisory Council (EAC) to the Prime Minister, with discussions focused on ideas and measures to further strengthen the country's economic growth amid ongoing global uncertainty. The meeting covered reforms aimed towards improving ease of living and ease of doing business. The PM and EAC-PM members exchanged views on ways to boost economic growth in the current environment of global turmoil.
Rupee gains sharply as RBI unveils steps to attract foreign investors
Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience. The rupee gained 50 paise against the US dollar on Friday, strengthening to 95.24 after the RBI unveiled measures aimed at easing investment norms for foreign portfolio investors in government securities. Currency market participants said investor...
India's cenbank cuts growth outlook, raises inflation forecast as it keeps rates steady at 5.25%
India's central bank on Friday held interest rates at 5.25% at a time when surging global energy costs have hammered its currency, while the Iran war risks accelerating inflation. The Reserve Bank of India was widely expected to keep rates steady, as per economists polled by both Reuters and CNBC. RBI raised its inflation projection for the financial year ending March 2027 by 50 basis points to 5.1%, while tempering the economy's growth forecast to 6.6% for the year, down from 6.9% projected...
Tax cuts, easier bond rules on the cards: How India plans to attract more foreign investment
In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors' holdings in government securities. The move will be part of efforts to attract greater overseas investment. The government is looking to cushion the economy from the impact of the ongoing Iran conflict.
Australia won't impose travel restrictions despite overseas Ebola spread
International Ebola cases climbing 'fast' but Australia won't impose travel restrictions Mon 1 Jun 2026 at 3:51pm In short: Australia will not impose border restrictions or quarantine on travellers from Ebola-affected countries. There are three new suspected cases in Italy and Brazil. Federal health minister Mark Butler said Australia was monitoring the outbreak very closely.
What Trump's Green Card changes mean for millions of Indians seeking permanent residency in US
"An alien who is in the US temporarily and wants a Green Card" must return to their home country to apply, except in extraordinary circumstances, the US Citizenship and Immigration Services (USCIS) announced last week. Though the word "alien" in the announcement may have sounded routine in immigration law, but for hundreds of thousands of immigrants waiting for permanent residency, the message triggered immediate panic. For decades, one of the biggest attractions of the US immigration system...
The Latest: House poised to fund immigration enforcement for the rest of Trump's term
The Latest: House poised to fund immigration enforcement for the rest of Trump's term House Republicans hope to approve nearly $70 billion for immigration enforcement on Tuesday, which would fund Homeland Security throughout President Donald Trump’s time in office - Bookmark House Republicans hope to approve nearly $70 billion for immigration enforcement on Tuesday, which would fund Homeland Security throughout President Donald Trump’s time in office. Democrats call it a blank check that...