RBI Repo Rate June 2025: Latest Cut, Impact, and Historical Trend
The Reserve Bank of India (RBI) has once again revised the repo rate. As of June 6, 2025, the current repo rate stands at 5.50%, down from 6.00%—marking a 50 basis points (bps) cut. This significant move is aimed at reviving economic activity amidst slowing growth, but how does it affect home loan EMIs, inflation, […]
Tragedy in Ahmedabad: Air India Boeing 787 Crash Shortly After Takeoff
Ahmedabad, June 12, 2025 – A devastating accident occurred today when Air India Flight AI 171, a Boeing 787‑8 Dreamliner bound for London Gatwick, crashed seconds after lifting off from Sardar Vallabhbhai Patel International Airport in Ahmedabad. Flight & Aircraft Details Accident Sequence Casualties & Survivor Ground Impact Emergency Response & Investigation Official Statements Impact & […]
Trump Sours on Lifting SALT Cap, Calls It a Gift to Democratic Governors
Former President Donald Trump has voiced opposition to efforts aimed at lifting the cap on state and local tax (SALT) deductions, calling the move a “gift” to Democratic governors. This stance adds complexity to House Republicans’ plans to pass a broader tax and spending package that includes raising the SALT cap from $10,000 to $30,000. […]