Rupee opened at 85.91, registering a fall of 12 paise over its previous close., but soon pared the losses and saw an early high of 85.66 against the greenback

RBI Monetary Policy Committee Meeting June 2025 Live: Governor Sanjay Malhotra announce interest rate decision

NRIs can access global investments but must consider diversification, tax compliance, and currency risks. A well-planned strategy and professional advice are essential.

Indian benchmark indices are set to trade cautiously on Friday, as investors brace for a mix of domestic and global triggers

‘RBI has announced a very pro-growth policy by announcing a 50 bps repo rate cut,’ Sonal Badhan, Economics Specialist at Bank of Baroda

RBI Governor Sanjay Malhotra says the MPC felt frontloading of rate cut will boost growth; the RBI MPC changes its policy stance from 'accommodative' to 'neutral'.

With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3%.

The moderation in net FDI "is on account of a rise in repatriation and net outward FDI, while gross FDI actually increased by 14 per cent," Mr. Malhotra said, while unveiling the June monetary policy.

Hailing the decision, CREDAI president Shekhar G. Patel said the RBI decision (to cut repo rate) will improve consumers’ sentiment, immensely benefitting mid-income and affordable housing segments

Investors haven't cheered up the acquisition as anticipated with shares falling 2 percent intraday on Friday, June 6.

Rate-sensitive sectors—such as banks, autos, real estate—surged on Friday after RBI delivered a surprise 50-basis point cut in the repo rate

'You may call me a fugitive for not returning to India after March, but I didn’t run away. I flew on a prescheduled visit,' says Vijay Mallya.