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CII urges RBI to cut repo rate, enhance liquidity measures

December 05, 2024

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Millennium Post Kolkata

In a note ahead of the Reserve Bank of India's (RBI) forthcoming monetary policy meeting scheduled on Friday, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has recommended a 25 basis points cut in the key repo rate and the implementation of several liquidity-enhancing measures.

NEW DELHI:

These suggestions come amidst a slowdown in India's economic momentum, with real GDP growth moderating to a seven-quarter low of 5.4 per cent in Q2 FY25 from 6.7 per cent in the previous quarter.

المزيد من القصص من Millennium Post Kolkata

Millennium Post Kolkata

Millennium Post Kolkata

Energy security in focus at India Energy Week 2026, Goa

India Energy Week 2026 kicked off in Goa with a dynamic focus on partnerships, ongoing investments, and global collaboration amid a rapidly changing energy landscape shaped by geopolitical uncertainties.

time to read

1 mins

January 28, 2026

Millennium Post Kolkata

Siddaramaiah loses cool over 'DK, DK' slogans at B'luru rally

Karnataka Chief Minister Siddaramaiah on Tuesday lost his cool and shouted at some Youth Congress workers who started raising slogans in favour of Deputy CM DK Shivakumar during a protest rally in the city.

time to read

1 min

January 28, 2026

Millennium Post Kolkata

Rani Mukerji is one for the ages: Ranbir Kapoor

Bollywood actor Ranbir Kapoor always felt Rani Mukerji is one of the greatest actors in India and someone who has defined the industry through her work.

time to read

1 min

January 28, 2026

Millennium Post Kolkata

Inequality on rise, welfare in retreat: Cong slams govt

‘Place real figures, not manipulated before country’

time to read

1 min

January 28, 2026

Millennium Post Kolkata

Millennium Post Kolkata

India-EU FTA likely to be implemented in 2026: Goyal

Once implemented, 93 per cent of Indian shipments will enjoy duty-free access to the European Union

time to read

1 mins

January 28, 2026

Millennium Post Kolkata

China and Russia agree to deepen military ties amid US strategy shift

Beijing & Moscow oppose what they call Western plans to militarise Asia-Pacific region

time to read

1 mins

January 28, 2026

Millennium Post Kolkata

Govt rejects fresh debate on VB-G RAM G Act, SIR in Budget Session

ALL PARTY MEET

time to read

1 mins

January 28, 2026

Millennium Post Kolkata

Shah lauds India-EU trade deal

Union Home Minister and Minister of Cooperation Amit Shah hailed the India - EU Trade Deal as a “defining moment” and strategic breakthrough in India’s global trade engagement.

time to read

1 min

January 28, 2026

Millennium Post Kolkata

Millennium Post Kolkata

India’s energy sector opens for global partnerships: PM Modi

PM Modi mentioned radical changes in exploration and production, such as deep-sea exploration under Mission Samudra Manthan

time to read

2 mins

January 28, 2026

Millennium Post Kolkata

J&K CM holds pre-Budget talks with stakeholders

JAMMU: Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday highlighted the benefits of pre-Budget consultations and said his government would maintain the dialogue with stakeholders

time to read

1 mins

January 28, 2026

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