Top news of the day: RBI announces host of measures to attract foreign capital; Annamalai floats political movement after quitting BJP, and more
The Reserve Bank of India has maintained the repo rate at 5.25% while announcing new measures to attract foreign capital. Meanwhile, former BJP leader K. Annamalai has launched a new political movement, and India reported a 7.7% economic growth rate for the 2025-26 fiscal year.
Why it matters
These developments signal significant shifts in India's monetary policy, political landscape, and economic trajectory.
To attract foreign capital the Reserve Bank of India (RBI) on Friday (June 5, 2026) announced several measures. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged for the second time in a row, at 5.25%, Governor Sanjay Malhotra announced.
The article reports on multiple government and political events using standard journalistic tone without overt editorializing.
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