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RBI cuts repo rate by 25 basis points, boosts liquidity

MUMBAI, Dec 5 (Reuters) – The RBI (Reserve Bank of India) cut its key repo rate by 25 basis points on Friday, in line with a consensus view, as record low retail inflation and a benign outlook for prices provided ample room to further support economic growth. The RBI also decided to conduct open market operations of 1 trillion rupees ($11.14 billion) and $5 billion in forex swaps to add liquidity and speed up transmission of lower rates. The six-member monetary policy committee voted unanimously to lower the repo rate to 5.25% and has now cut rates by a total

Stock markets turn volatile in early trade ahead of RBI’s monetary policy decision

Mumbai, Dec 5 (PTI) Stock market benchmark indices Sensex and Nifty faced highly volatile trends in early trade on Friday ahead of the RBI’s monetary policy decision due later in the day. Investors also remained on the sidelines amid relentless foreign fund outflows and mixed global trends. The 30-share BSE Sensex advanced 53.54 points to 85,318.86 in early trade. The 50-share NSE Nifty went up by 28.2 points to 26,061.95. Both the benchmarks were later trading between highs and lows, reflecting volatile trends. From the Sensex firms, Eternal, Maruti, Power Grid, Infosys, Bharat Electronics and Bajaj Finance were among the

Bangladesh tribunal issues arrest warrant against ex-premier Hasina’s son

DHAKA, Bangladesh, December 4, 2025 (AP) — A special tribunal in Bangladesh’s capital on Thursday issued an arrest warrant against Sajeeb Wazed, the son of ousted Prime Minister Sheikh Hasina, over alleged crimes against humanity during last year’s mass uprising that ended his mother’s 15-year rule. Wazed, who lives in the United States, was an adviser to Hasina. He is accused of shutting down internet access in much of Bangladesh during the protests and causing mass killings of protesters. A three-member panel of judges headed by Mohammed Golam Mortuza Mozumder issued the warrant on Thursday. The next hearing is scheduled

British American Tobacco plans to offload stake in India’s ITC Hotels

Dec 4 (Reuters) – British American Tobacco is looking to offload its stake in India’s ITC Hotels, it said on Thursday, through an accelerated bookbuild process. The tobacco group plans to sell between 7% and its entire 15.3% stake in ITC Hotels, with proceeds from the block trade earmarked for deleveraging its balance sheet. In May, BAT sld a $1.5 billion stake in ITC Ltd, the parent company from which ITC Hotels was spun off as a separate listed entity in January. “As previously stated, a direct stake in ITC Hotels is not a strategic holding for BAT,” CEO Tadeu

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