Barabānki News Digest
India's central bank holds repo rate steady while projecting 6.9% real GDP growth for the current fiscal year, as the nation pursues economic self-reliance and strengthens international partnerships.
India News
RBI Holds Repo Rate; GDP Growth Projected at 6.9%
The Reserve Bank of India kept the repo rate unchanged while forecasting India's real GDP growth for the current fiscal year at 6.9%. This signals the central bank's measured approach to monetary policy amid economic expansion.
ISRO Successfully Launches GSLV F17 Rocket with EOS-05 Satellite
The Indian Space Research Organisation successfully launched the GSLV F17 rocket carrying the EOS-05 imaging satellite, advancing India's space capabilities and Earth observation infrastructure.
India and Belgium Deepen Defence and Clean-Energy Ties
India and Belgium have agreed to strengthen defence and clean-energy cooperation, with plans to double bilateral trade. The partnership reflects India's commitment to expanding strategic international relationships.
PM Modi Calls for Economic Self-Reliance
Prime Minister Narendra Modi made seven appeals for economic self-reliance, emphasizing India's need to reduce dependence on imports and build domestic capabilities across key sectors.
India Secures 70% of Crude Oil Imports Outside Strait of Hormuz
India's Petroleum Ministry reported that the country now sources 70% of its crude oil imports from outside the Strait of Hormuz, reducing vulnerability to geopolitical disruptions in that critical chokepoint.
Assam Police Expansion: 15,000–20,000 Recruits and 5,000 Promotions
Assam Chief Minister Himanta Sarma announced a major police force expansion, with plans to recruit 15,000–20,000 new officers and promote 5,000 existing personnel, strengthening law enforcement capacity.
Delhi Announces Holiday on September 11 Ahead of BRICS Summit
The Delhi Government declared a holiday on September 11 in preparation for the BRICS Summit, affecting business and administrative operations in the capital.
Rentomojo Seeks $444 Million Valuation in India IPO
Accel-backed furniture rental platform Rentomojo is pursuing an initial public offering with a targeted valuation of $444 million, marking a significant milestone for the Indian startup.
BCI India & South Asia Awards 2026 Winners Announced
The Business Continuity Institute announced winners of its 2026 India & South Asia Awards, recognizing excellence in business continuity and resilience practices across the region.
India Ready to Extend Help to End Russia-Ukraine War
External Affairs Minister S. Jaishankar stated that India is prepared to offer any assistance to help resolve the Russia-Ukraine conflict, reaffirming India's commitment to peace efforts.