RBI likely to slash repo rate again in June
Amid easing inflation and a stable economic outlook, expectations are rising that the Reserve Bank of India (RBI) will announce another repo rate cut at its upcoming Monetary Policy Committee (MPC) meeting in the first week of June.The Monetary Policy Committee (MPC), consisting of six members—three from the RBI and three appointed by the central government—meets every two months to set key interest rates aimed at keeping inflation within the government’s target.Following two earlier rate cuts that eased borrowing costs, industry leaders expect the upcoming reduction to further boost con..
Final 76 Km Stretch Of Samruddhi Mahamarg To Open June 5
Maharashtra Chief Minister Devendra Fadnavis is set to inaugurate the final 76-kilometre stretch of the Nagpur-Mumbai Super Communication Expressway on 5 June. The remaining segment between Igatpuri in Nashik and Amane in Thane will be opened to vehicular traffic on the same day, completing the 701-kilometre corridor.Constructed at an estimated cost of Rs 11.82 billion, the final section was jointly funded by the Maharashtra State Road Development Corporation (MSRDC) and the National Highways Authority of India (NHAI). It features three interchanges – at Igatpuri, Kutghar (Shahapur), and Ama..
Over 800 Objections Filed Against Purandar Airport Land Plan
The land acquisition process for the proposed Purandar International Airport in Maharashtra has run into resistance, with the Pune district administration receiving over 800 formal objections from villagers across seven affected villages. These submissions will now be individually reviewed in scheduled hearings in the coming weeks.The objections come in response to a government notification issued in March 2025, declaring over 2,750 hectares of land—spread across 3,352 survey numbers in Vanpuri, Udachiwadi, Kumbharvalan, Ekhatpur, Munjwadi, Khanwadi, and Pargaon villages—as an ‘Industria..
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