Day: June 7, 2025
*******MPC pulls out all stops to support growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mpc-pulls-out-all-stops-to-support-growth/article69665421.ece The policy action points to a remarkable, new-found confidence in India’s fundamentals and external account The neutral stance allows the MPC to be
*******The RBI frontloads a dream – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/the-rbi-frontloads-a-dream/article69665883.ece MPC goes for an aggressive 50 bps rate cut to support consumption and growth RBI Governor Sanjay Malhotra at the post-monetary policy press
Tighter H-1B rules, tech layoffs push Indians to alternative US visas | Immigration News – Business Standard
Clipped from: https://www.business-standard.com/immigration/h1b-scrutiny-tech-layoffs-indian-professionals-l1-o1-eb5-visas-us-125060700122_1.html As H-1B scrutiny tightens and tech layoffs rise, Indian professionals are turning to alternative US visas like L-1, O-1 and EB-5 for stability
*******I T Dept targets big spenders dodging tax: Here’s full ;ist of high value transactions under watch – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-t-dept-targets-big-spenders-dodging-tax-heres-full-ist-of-high-value-transactions-under-watch-479449-2025-06-07 The Income Tax Department is tightening its grip on big spenders who underreport income by closely tracking high-value financial transactions. Institutions like banks,
RBI cuts repo rate by 50 bps: See how much you’ll save on EMIs for a 20-year Rs 50 lakh home loan — full calculation inside – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rbis-50-bps-repo-rate-cut-check-how-much-your-emi-will-drop-on-a-rs-50-lakh-home-loan-over-20-years-full-calculation-3870472/ The Reserve Bank of India (RBI) on Friday cut the repo rate by 50 basis points (0.50%). This is the third consecutive time
*******Income Tax Dept cracks down on high spenders hiding income: Strict monitoring of THESE high-value transactions – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-dept-cracks-down-on-high-spenders-hiding-income-strict-monitoring-of-these-high-value-transactions-3871050/ The Income Tax Department is intensifying efforts to catch individuals who underreport their income but spend heavily. Using advanced data analysis and collaboration