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India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Reserve Bank of India is expected to trim the interest rate by 25 basis points to 6.25% at the policy meeting concluding Friday, in what would be its first rate cut in nearly five years. Indian government bonds have rallied in recent weeks,
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish economy, with easing price pressures giving policymakers more room to manoeuvre.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020
Indian banks needs more than a rate cut to boost lending, bankers say
The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since the tight liquidity conditions will prevent banks from passing on the benefits,
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation cools.
India’s Central Bank Cuts Key Rate For the First Time Since 2020
Cuts key rate for first time in almost five years; All MPC members vote to leave policy stance neutral ; Projects FY26 inflation at 4.2%, GDP growth at 6.7%; Rupee trades higher,
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on MSN
Week Ahead: Delhi election verdict, Q3 results, inflation data among key triggers for Indian stock market
Delhi election results, inflation data, Q3 results, foreign fund outflow, among others, will dictate trends this week.
17h
on MSN
India’s budget 2025: can tax relief revive slowing consumption?
India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...
ThePrint
17h
Union Bank of India sees lower inflation for FY25 and FY26 than MPC estimates
The Union Bank of India highlighted that inflation for FY25 could be lower than the Monetary Policy Committee’s (MPC) revised ...
3h
on MSN
RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?
Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the ...
1d
India Budget Proposes One Of The Largest Tax Cuts In Decades
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
1d
3M India posts smaller third-quarter profit as inflation pressures margins
Diversified products maker 3M India reported a 16% fall in its third-quarter profit on Friday, as inflationary pressures ...
1d
Households expect inflation to moderate; consumer confidence dips
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
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