📉Loans to get cheaper?
🏦RBI cuts the repo rate for the first time in nearly 5 years to boost the economy.
Repo Rate cut by 25bps to 6.25%
📜What is repo rate?
--> It is the interest rate at which the central bank lends money to commercial ban
Top News of the Day:
1. Slice is aiming to raise between $250 million and $300 million to enhance its digital banking services.
2. E-commerce platform Meesho has successfully closed a funding round of $250-270 million, attracting new investors like
𝗧𝗵𝗶𝘀 𝗚𝗼𝗼𝗴𝗹𝗲 𝗜/𝗢 𝘄𝗮𝘀 𝗵𝗮𝗻𝗱𝘀 𝗱𝗼𝘄𝗻 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗼𝗻𝗲.
𝟭𝟬 𝗶𝗻𝘀𝗮𝗻𝗲 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻'𝘁 𝗺𝗶𝘀𝘀 👇🏻
1. Google released an Asynchronous coding agent Jules for free.
It uses Gemini 2.5 Pro to work across y
Top News of the Day:
1. Android 16 could come with iPhone like dynamic island notifications
2. Tata Group's ecommerce venture Neu is set to enter the quick commerce segment with Neu Flash, offering ultra-fast delivery for grocery, electronics, and
Business News Headlines:
⚪ Govt considers expanding EV charging infrastructure with ₹2,000 crore funding
⚪ Goldman ups US recession probability to 35%, forecasts three rate cuts
⚪ Nalco criticized by Parliamentary panel for utilizing less than 50%