Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
US Tariffs Boost India's Trade Talks With EU, UK
Hindustan Times Bengaluru
|April 07, 2025
A combination of easing inflationary conditions and tightening economic growth may prompt India's central bank to cut the policy rate in the upcoming meeting of its rate-setting panel, according to a Mint poll of 10 economists.
MUMBAI: Added expectation: more rate cuts may happen this year than earlier anticipated.
The economists unanimously predicted that the Reserve Bank of India's (RBI) monetary policy committee (MPC) would announce a 25 basis points (bps) cut in the repo rate to 6% after it meets on 7-9 April, as inflation and growth estimates undershoot earlier forecasts. Further, economists from Barclays Bank did not rule out even a 35-bps cut.
It would be the second successive cut in repo rate after 7 February, when the MPC, headed by new RBI governor Sanjay Malhotra, finally cut the rate (25 bps) for the first time since May 2020. A basis point is one-hundredth of a percentage point, and the repo rate refers to the rate at which RBI lends money to commercial banks. However, only three out of the 10 economists polled expect a change in policy stance to 'accommodative' from 'neutral' at present. An accommodative stance indicates RBI is ready to support growth by cutting rates.
This story is from the April 07, 2025 edition of Hindustan Times Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Bengaluru
Hindustan Times Bengaluru
CM says no probe into Pawar-led institute
The reports of such an inquiry, however, drew sharp criticism from Opposition NCP (SP) calling the move “politically motivated”.
1 mins
October 29, 2025
Hindustan Times Bengaluru
Over 1 million people talk to ChatGPT about suicide weekly: OpenAI
NEW DELHI: More than a million people send messages to ChatGPT every week that show signs of suicidal thoughts, according to a blog post published by ChatGPT maker OpenAT on Monday.
1 min
October 29, 2025
Hindustan Times Bengaluru
INDIAN STABS 2 TEENS ON U.S. TO GERMANY FLIGHT
A 28-year-old Indian national allegedly stabbed two teens with a metal fork and slapped a co-passenger on board a Chicago to Germany flight, according to American authorities.
1 min
October 29, 2025
Hindustan Times Bengaluru
Nikhat rues busy itinerary ahead of Boxing Cup Final
Two-time world champion Nikhat Zareen on Tuesday raised concerns over the busy boxing schedule while calling for the need to be selective with international competitions.
3 mins
October 29, 2025
Hindustan Times Bengaluru
INDIA INDUSTRIAL OUTPUT GROWS BY 4% IN SEP, DRIVEN BY MFG SECTOR
Industrial activity, as measured by the Index of Industrial Production (IIP), grew at 4% in September. While technically a three-month low, the September IIP growth number is not very different from what it was in July and August at 4.3% and 4.1% respectively.
1 min
October 29, 2025
Hindustan Times Bengaluru
MAN IN DELHI HELD FOR ESPIONAGE, RUNNING FAKE PASSPORT RACKET
Delhi Police on Tuesday arrested a 59-year-old man accused of spying for foreign countries and running a fake passport racket with his brother, who had earlier been caught posing as a scientist from the Bhabha Atomic Research Centre (BARC).
1 min
October 29, 2025
Hindustan Times Bengaluru
HAL, Russian major ink pact for civilian commuter aircraft
UNDER THE AGREEMENT, HAL WILL HAVE RIGHTS TO MANUFACTURE SJ-100 AIRCRAFT FOR DOMESTIC CUSTOMERS, IT CAN CARRY UP TO 100 PASSENGERS
2 mins
October 29, 2025
Hindustan Times Bengaluru
Indo-Canadian bizman shot dead
A prominent Indo-Canadian businessman in Brit ish Columbia was killed in a targeted shooting on Monday. The victim was identified as Dar-shan Singh Sahsi, 68. The incident occurred on Monday around 9.20am, police said.
1 min
October 29, 2025
Hindustan Times Bengaluru
Is the H-1B visa crisis a blessing in disguise for IT?
Indian information technology (IT) services companies’ strategy of servicing US clients from offshore locations to offset the impact of the H-1B visa fee hike—from $1,000 to $100,000—is boosting their operating margins.
2 mins
October 29, 2025
Hindustan Times Bengaluru
Shami bags fifer in Bengal win; Delhi take home 3 points
Some spicy contests apart, the Ranji Trophy second round matches also saw two batters show they carried plenty of class in domestic cricket before suggesting that they were cut out of the India Test squad prematurely. Ajinkya Rahane had hit 159 and Karun Nair an unbeaten 174.
1 mins
October 29, 2025
Listen
Translate
Change font size