RBI expected to maintain prolonged rate pause, supported by low inflation, stable growth outlook: Report

The likelihood of a monetary policy rate hike remains low due to subdued core inflation, according to a report by ICICI Bank Global Markets. The Reserve Bank of India is expected to maintain a prolonged pause in its rate cycle into FY2026–27, with greater emphasis on injecting durable liquidity to ensure effective monetary policy transmission,…

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AI Impact Summit declaration secures support of 86 nations, two global bodies: Ashwini Vaishnaw

Eighty-six countries and two international organisations have signed the AI Impact Summit declaration, signalling broad global support for shared principles on responsible and inclusive artificial intelligence, IT minister Ashwini Vaishnaw said on Saturday. The declaration was adopted at the conclusion of the India AI Impact Summit held in New Delhi, with signatories including the US,…

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Can Pakistan still qualify for T20 World Cup semi-final after PAK vs NZ Super 8s rain washout in Colombo? | Cricket News

Pakistan’s captain Salman Ali Agha, right, shakes hands with New Zealand’s captain Mitchel Santner after toss (AP Photo/Eranga Jayawardena) NEW DELHI: Rain spoiled the Pakistan vs New Zealand Super 8 clash in Colombo, and the match was completely washed out without a ball being bowled. As a result, both teams shared one point, which has…

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Trump accuses SCOTUS of being swayed by foreign interests after legal setback; attacks US companies and attorneys with India ties

TOI correspondent from Washington: In an extraordinary and unprecedented attack on a storied 236-year old institution that predates the arrival in America of his forbears by almost a century, President Donald Trump has accused the US Supreme Court of being swayed by foreign interests after it struck down his “liberation day” tariffs in a 6-3…

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‘Why did we compromise our … ‘: Congress raises 7 questions after US court strikes down Trump tariffs

PM Modi and US President Donald Trump (File photo) NEW DELHI: The Congress on Saturday once again targeted Prime Minister Narendra Modi over the recently finalised interim trade agreement, earlier this month, between India and the United States, which took nearly a year to reach mutual consensus. The largest opposition party’s attack on PM Modi…

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US tariff cut to 10% boosts outlook for India’s labour-intensive exports; pharma, textiles among key gainers

The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…

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India eyes expansion of Mercosur trade pact to boost market access, investments: Piyush Goyal

India is pushing to expand its preferential trade agreement with the Mercosur bloc as part of efforts to scale up trade and investment ties with Latin America, commerce and industry minister Piyush Goyal said on Saturday, signalling a broader reset in economic engagement with the region, PTI reported. Speaking at Ficci’s India-Brazil Business Forum, Goyal…

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US Supreme Court tariff ruling adds uncertainty to global trade outlook, offers limited relief: Analysts

The US Supreme Court’s decision striking down tariffs imposed by President Donald Trump has done little to ease pressures on the global economy, with analysts warning that uncertainty over future trade policy may instead intensify. Economists said the ruling, while limiting Trump’s use of tariffs under emergency powers, is unlikely to change the broader trajectory…

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Explained: How can Pakistan qualify for T20 World Cup semi-final after Colombo rain washes out PAK vs NZ? | Cricket News

Colombo under covers (Photo by Pratyush Raj/TimesofIndia.com) NEW DELHI: Rain completely washed out the Pakistan vs New Zealand T20 World Cup 2026 Super 8 match in Colombo on Saturday, leaving fans disappointed and the points table wide open. The abandoned match means both teams share one point, which has made the semi-final race more complicated.This…

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