The Reserve Bank of India has cut its key interest rate for the first time this year. The repo rate, the level at which the central bank lends to commercial banks, has been reduced to 6.5 per cent, a drop of point two-five. It’s the lowest level in five years, with a fall in inflation being cited as the main reason by the central bank.

OPEC+ keeps oil output steady following steep price drop in 2025
Tesla loses EV crown to China's BYD
Dubai Duty Free celebrates record-breaking 2025
UAE updates capital market laws to strengthen financial oversight
Disney agrees to pay $10 million to resolve alleged child privacy law violations
