*📰 Quick News Highlights for February 7, 2025* 1️⃣ *RBI Cuts Repo Rate for First Time in Two Years* 📉🏦 The RBI has reduced the repo rate by 25 basis points to 6.25%, marking its first rate cut in two years. The decision was made unanimously by the Monetary Policy Committee (MPC), citing a decline in inflation and a need to support economic growth. 2️⃣ *RBI Launches Secure Internet Domains for Banks* 🌐🔒 To combat digital banking fraud, RBI has introduced ‘bank.in’ and ‘fin.in’—exclusive internet domains for Indian financial institutions. This move aims to reduce phishing attacks and enhance cybersecurity in online transactions. Registrations for banks will start in April 2025, followed by non-bank financial entities later. 3️⃣ *72% of All H1B Visas Issued to Indians in 2022-23* 🇮🇳✈️ Indian professionals continue to dominate the US H1B visa program, receiving 72.3% of all visas issued between October 2022 and September 2023. The Indian government is in talks with the US to address potential restrictions and ensure smooth mobility for skilled workers. 4️⃣ *RBI Delays New Liquidity Rules Until 2026* 🏦📊 The implementation of Liquidity Coverage Ratio (LCR) and project financing norms has been deferred by a year, now set for March 31, 2026. The decision follows requests from banks to allow more time for compliance, ensuring a smooth transition without disrupting the financial system. 5️⃣ *Deported Indians Struggle After Entering US Illegally* ✈️🚧 A total of 104 Indians have been deported by the US after illegally entering via Mexico. Many families were unaware that their relatives took the risky "donkey route." Experts warn that finding jobs in India will be challenging for returnees, while political opposition protests the way deportees were handcuffed by US officials. ⬇️⬇️⬇️ Visit: https://bit.ly/411zlsr