In a widely anticipated move to provide a further boost to economic activity, the Reserve Bank of India (RBI) on Friday announced a reduction in the benchmark repo rate by 25 basis points (bps), bringing it down to 5.25%. The Repo Rate, short for Repurchase Agreement Rate, is the key interest rate at which the…
The Indian Rupee hit an all-time low of 89.76 against the US Dollar in Monday’s early trade (December 1, 2025), surpassing its previous record low as persistent foreign capital outflows and anxieties over a stalled US-India trade agreement continued to pressure the local currency. The depreciation comes despite recent positive signals from the domestic economy,…
The Brahmaputra Cracker and Polymer Limited (BCPL) has announced a strong performance for the financial year 2024-25, achieving a remarkable 113% capacity utilisation and registering a net profit. The announcement was made by Managing Director Pranjal Changmai at a media interaction in Dibrugarh on Saturday evening. Despite a challenging market environment characterised by lower polymer…
