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RBI holds rates again to keep inflation down
December 07, 2024
|The New Indian Express Hubballi
In balancing act, cuts cash reserve ratio and frees up ₹1.16 lakh crore to support growth
THE Reserve Bank of India (RBI) on Friday chose to stay the course on inflation control, refusing to make any knee-jerk reaction to the growth slump reported in the second quarter with a repo rate cut.
RBI's monetary policy committee (MPC) led by governor Shaktikanta Das decided to maintain the repo rate at 6.5% for the 11th time on the trot. The last time it changed the repo rate—the interest rate at which RBI lends money to commercial banks—was in February 2023, when it raised it by 25 basis points.
هذه القصة من طبعة December 07, 2024 من The New Indian Express Hubballi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Hubballi
The New Indian Express Hubballi
COLOURING THE BUDGET GREEN
TIME was when November was one of the most pleasant months in Delhi, with just the whiff of winter ina city of extreme weathers.
3 mins
January 17, 2026
The New Indian Express Hubballi
Defence Procurement Board nod to 114 Rafale multirole fighter project
A proposal to acquire 114 Rafale fighter jets from French manufacturer Dassault Aviation was on Friday given the go-ahead by the Defence Procurement Board chaired by Defence Secretary RK Singh, sources said.
1 mins
January 17, 2026
The New Indian Express Hubballi
Speaker recalls legacy of democratic dialogues
Conference conceived for legislative communication
2 mins
January 17, 2026
The New Indian Express Hubballi
‘Writing begins in memory, in pain, in hope’
WRITING does not begin on the page.
1 mins
January 17, 2026
The New Indian Express Hubballi
The Ayodhya Alliance — where myth meets modern power
MASTER-storyteller Ashwin Sanghi spoke about his latest thriller — ‘The Ayodhya Alliance’ -- at the Jaipur Literature Festival (JLF).
1 min
January 17, 2026
The New Indian Express Hubballi
RCB proposes 300-350 AI-powered cameras for better crowd control
EVEN as the suspense over Benglau-ru’s M Chinnaswamy Stadium hosting this year’s Indian Premier League (IPL) matches continues, home team Royal Challengers Bengaluru (RCB) on Friday proposed to install 300-350 artificial intelligence-powered cameras at the stadium to ensure improved crowd management.
1 min
January 17, 2026
The New Indian Express Hubballi
Biren in Delhi, likely to meet BJP leaders for govt formation
AMID speculations that the Centre is exploring to form a government in ethnic-violence-hit Manipur, former chief minister N Biren Singh has arrived in Delhi and is expected to meet top functionaries of the Ministry of Home Affairs (MHA).
1 min
January 17, 2026
The New Indian Express Hubballi
DONT DICTATE BIZ MODEL TO COVER GOVT DEFICIENCIES
A business model that failed across the world has taken off in India for both commendable and worrying reasons.
1 mins
January 17, 2026
The New Indian Express Hubballi
Nominations for BJP prez on Jan 19, result next day; Nabin likely to be named
THE BJP on Friday released the schedule for the election of the party's national president amid speculation that working national president Nitin Nabin is likely to be elected for the post unopposed.
1 mins
January 17, 2026
The New Indian Express Hubballi
SC seeks Karisma's reply on plea for copy of divorce settlement with Sunjay
THE Supreme Court has sought the response of Bollywood actress Karisma Kapoor on the petition of Priya Sachdev Kapur, who has sought a certified copy of the divorce settlement between their late husband Sunjay Kapur and Karisma arrived at in 2016 in the top court.
1 min
January 17, 2026
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