For coverage, contact Editor Shravan at 91088-67006 or email: editorial@thebangaloremonitor.com
WPI inflation lowest in 14 months: What does it mean?
On 17 June 2025, the Wholesale Price Index (WPI) data was released by the Ministry of Commerce and Industry. WPI inflation is at its lowest in 14 months. In this article, we will see what does “inflation decline to the economy” mean.
Karnataka in Sweden: Industries M.B. Patil on mission to convert MoUs into real-time investments
Karnataka Industries Minister MB Patil at a business meeting in Sweden. Karnataka Industries Minister MB Patil at a business meeting in Sweden. Karnataka Industries Minister
Two Japanese majors launch global capability centre in Bengaluru; 750 new jobs likely over three years
In a major boost to India’s global engineering footprint, Japan’s Toyo Engineering Corporation and MODEC Inc. officially inaugurated their new Global Capability Center (GCC) — TOYO MODEC OFS India Private Limited (OFS India) — in Bengaluru recently.
Flipkart CEO turns wishmaster for a day, celebrates ties with farmer partners
In a powerful gesture reinforcing Flipkart’s commitment to inclusive growth, Kalyan Krishnamurthy, CEO of the Flipkart Group, stepped into the shoes of a Flipkart Wishmaster for a day — delivering smiles and groceries to customers, while also connecting with the people who help power the e-commerce giant’s fresh produce supply chain: India’s farmers.
Lowest in six years, CPI inflation for May 2025 declines below 3 percent
On 12 June 2025, the Ministry of Statistics And Programme Implementation (MoSPI) released the Consumer Price Index data. Inflation for May 2025 has declined below 3 percent. Last time inflation was below 3 percent was in April 2019 when it was 2.99 percent.
Canara Bank reduces Repo-Linked Lending Rate post-RBI MPC meeting
Canara Bank, in an official statement, has announced a reduction in its Repo Linked Lending Rate (RLLR) from 8.75 percent to 8.25 percent (applicable on its assets portfolio linked to External Benchmark rate), following the Reserve Bank of India’s (RBI) announcement cutting the repo rate by 50 basis points, from 6 percent to 5.50 percent, in the latest Monetary Policy Committee (MPC) meeting.
Government-industry meet held to form roadmap for business growth
The Government of Karnataka recently hosted the first edition of “Uthpadana Manthana”, an initiative designed to fast-track the state’s vision of becoming India’s premier manufacturing hub.
RBI opts for another rate cut
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) announced its Monetary Policy Statement on June 6, 2025, opting for rate cuts.
Soon, big meeting with industry to guide Karnataka towards becoming manufacturing powerhouse
On June 10, 2025, the Government of Karnataka will host ‘Uthpadana Manthana’, a one-day strategic conference at Taj West End, Bengaluru.
South Western Railway officials inspect JSW Steel facilities, discuss ways to boost operational efficiency
Mukul Saran Mathur, General Manager, South Western Railway, on Friday conducted a window trailing inspection of the SSS Hubballi–Toranagallu section to assess operational and safety parameters.
