India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’

India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’

The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025.  Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key…

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The hidden gem of Home Depot’s over  billion of deals to boost its pro sales

The hidden gem of Home Depot’s over $22 billion of deals to boost its pro sales

California-based Reflect Roofing launched its business nearly two years ago and promptly opened its first line of credit with building products supplier SRS Distribution. The $50,000 limit allowed Reflect to jumpstart its early projects. Co-owner Christy Silva told CNBC her company plans to continue using the interest-free financing option to scale the business. “A lot…

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4 Takeaways: UFL Week 1

4 Takeaways: UFL Week 1

Austin Reed’s first start at quarterback in the UFL was one to remember. The Western Kentucky product engineered a scintillating debut for the Dallas Renegades, completing 26 of 40 passes for 376 yards — the most in league history in a regular-season game — three touchdowns and no interceptions in his team’s 36-17 win over…

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