RBI Governor Sanjay Malhotra highlighted India’s economic resilience and regulatory reforms to foreign institutional investors at a New York roundtable.
Month: June 2026
India RBI Foreign Exchange Reserves Strong at Around 700 Billion Dollars
RBI officials showcased India’s macroeconomic strength with foreign exchange reserves at approximately 700 billion dollars while meeting global investors in New York.
Supabase AI Startup Reaches 10.5 Billion Dollar Valuation After 500 Million Dollar Funding Round
AI development platform Supabase achieved a 10.5 billion dollar valuation fuelled by the vibe-coding trend that makes app building more accessible.
RBI Inflation Outlook Spikes to 5.1 Percent on Crude Oil Surge Driven by West Asia Tensions
The Reserve Bank of India raised its inflation projection to 5.1 percent from 4.6 percent as Brent crude oil hit 110 dollars per barrel.
RBI Lowers FY2027 GDP Growth Forecast to 6.6 Percent from 6.9 Percent
India’s central bank revised down its growth outlook for the next fiscal year citing higher crude oil prices from Middle East tensions and global uncertainty.
RBI Keeps Repo Rate Unchanged at 5.25 Percent for Third Consecutive Meeting
The Reserve Bank of India held its benchmark lending rate steady amid Middle East conflict risks weakening rupee and inflation concerns.
Great American AI Act Draft Proposes Three-Year Preemption of State AI Laws
A bipartisan Congressional draft bill proposes overriding state AI regulations for three years creating a unified federal governance framework.
Amazon Debuts AI-Powered Proteus Warehouse Robot That Understands Voice Commands
Amazon unveiled its next-generation Proteus warehouse robot capable of understanding natural language voice instructions at a London event.
Nasdaq Falls 4 Percent as Semiconductor Slide Wipes 1 Trillion from Markets
The tech-heavy Nasdaq dropped sharply as semiconductor stocks collapsed erasing over one trillion dollars in market capitalisation in a single session.
Broadcom Earnings Trigger Major Tech Stock Selloff on Wall Street
After Broadcom posted mixed earnings results semiconductor stocks fell sharply dragging down the broader Nasdaq and triggering sector-wide losses.