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Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
June 21, 2025
|The New Indian Express Tadepalligudem
The 50 bps repo rate cut and 100 bps reduction in cash reserve ratio announced on June 6 are part of the Reserve Bank's effort at propping growth that has lost some momentum due to the ongoing trade war and aided by the six-member panel's unanimous benign outlook on inflation on falling food prices and forecast for a normal monsoon season, show the minutes of June 4-6 MPC meeting released by RBI on Friday.
The 50 bps rate cut was the only time it did in recent years after the 75 bps reduction in May 2020. During Covid pandemic. During the time, CRR was slashed to 3%.
The current package is aimed at offering stability and to aid growth in near term. The MPC changed the stance to neutral from accommodative, announced in the April policy.
هذه القصة من طبعة June 21, 2025 من The New Indian Express Tadepalligudem.
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The New Indian Express Tadepalligudem
A School of Thought
In Bengaluru, an educational space goes beyond textbooks and rote learning, blending ancient Indian values with modern thinking
2 mins
November 16, 2025
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Cong left tribals abandoned, BJP restored dignity: Modi
PRIME Minister Narendra Modi on Saturday said the Congress failed to recognise tribals' contributions to India's freedom struggle and left them to their own fate during the party's 60-year rule after Independence.
1 mins
November 16, 2025
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Harmer spinning a different tale
IN 2015, when South Africa came to India for a four-match Test series, Simon Harmer was three games old into his career.
2 mins
November 16, 2025
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MAMDANI’S MULTITUDES, INDIA’S SOFT POWER
contain multitudes,” wrote Walt Whitman, and in Zohran Mamdani's story, those multitudes seem to acquire living form.
3 mins
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A Lot can Happen Over Coffee
Coffee raves flip nightlife on its head-dawn parties fueled by beats, brews, and buzzworthy energy
3 mins
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Saddling Up in Style
Polo is now the ultimate luxe statement for India's modern elite
2 mins
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Army's Animal Transport Units to stay
THE Indian Army has deferred disbanding of the Animal Transport Units (ATUs) till the next decade. This comes a time when the Army has substantial troops and formations guarding the borders in the unpredictable high altitude and terrain. Comprising the mules, horses, donkeys and dogs, the ATUs are there to stay at least till the beginning of the next decade, sources said.
1 min
November 16, 2025
The New Indian Express Tadepalligudem
Human sacrifice of 17-day-old in Raj stokes storm
IN a shocking case of human sacrifice, four aunts of a 17-dayold boy reportedly killed the infant in Jodhpur on Friday in what appears to be superstitious ritual.
1 min
November 16, 2025
The New Indian Express Tadepalligudem
Samson to CSK, Jadeja RR dominate buzz; KKR brace for auction
THE trading window of the Indian Premier League has shown signs of maturity as the tournament has evolved over the years.
1 mins
November 16, 2025
The New Indian Express Tadepalligudem
More arrests in terror module case
MORE arrests continue in the Delhi car blast case with the National Investigation Agency (NIA) detaining Zanishar Alam, a 2024 MBBS graduate of Al Falah University, from his village in Suryapur market of Dalkhola in West Bengal's North Dinajpur district on Saturday.
1 min
November 16, 2025
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