Try GOLD - Free
RBI May Again Reduce Interest Rate By 25 Bps
Hindustan Times Rajasthan
|April 07, 2025
The Reserve Bank is likely to cut key interest rates again by up to 25 basis points this week, as lower inflation provides support for an accommodative monetary policy stance, and there is a pressing need to stimulate growth at a time when the reciprocal tariffs announced by the US is posing a challenge to the global economy.
MUMBAI:
In February, the RBI's Monetary Policy Committee, headed by Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25%. It was the first reduction since May 2020 and the first revision after two-and-a-half years.
The 54th meeting of the MPC, the rate-setting panel, is scheduled to start deliberations on April 7, and the decision will be announced on April 9.
The Reserve Bank of India (RBI) has kept the repo rate (short-term lending rate) unchanged at 6.5% since February 2023. The last time the RBI reduced the rate was during the Covid times (May 2020), and thereafter, it was gradually raised to 6.5%.
This story is from the April 07, 2025 edition of Hindustan Times Rajasthan.
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 Rajasthan
Hindustan Times Rajasthan
UK’s new rules could put VPN age limits, end doomscrolling
The UK Government announced a crackdown on vile illegal content created by Artificial Intelligence, saying it will move swiftly to close a legal loophole and force all AI chatbot providers to comply with illegal content duties under the “Online Safety Act” or face consequences for breaking law, ANI reported.
1 min
February 17, 2026
Hindustan Times Rajasthan
UP to invoke hate crime charge in 2021 assault of Muslim man
The Uttar Pradesh government has agreed to invoke hate crime offences against the accused nearly five years Delhi man alleged that he was tortured, abused, and humiliated over his Muslim identity.
1 min
February 17, 2026
Hindustan Times Rajasthan
Retd soldier kills wife, son; dies by suicide
A 52-year-old retired soldier alleged shot dead his 40-year-old wife and 16-year-old son following a domestic row before dying by suicide by jumping in front of a moving train in Sen Pashchim Para in Kanpur district, Uttar Pradesh, on Monday morning, police officers said.
1 min
February 17, 2026
Hindustan Times Rajasthan
12 deaths in 15 days spark water contamination concerns in Hry
At least 12 people, including five children, have died in 15 days at Chayansa in Haryana’s Palwal, prompting a health department probe amid growing concerns about contaminated drinking water and infectious disease spread.
1 min
February 17, 2026
Hindustan Times Rajasthan
New Chinese AI shocks Hollywood, spurs legal threats
BEIJING: A new artificial intelligence video generator from Beijing-based ByteDance, the creator of TikTok, is drawing the ire of Hollywood organisations that say Seedance 2.0 “blatantly” violates copyright and uses the likeness of actors and others without permission, AP reported.
1 min
February 17, 2026
Hindustan Times Rajasthan
India at forefront of Al transformation: Modi
Prime Minister Narendra Modi on Monday said India stands at the forefront of the artificial intelligence transformation and its strides in Al reflect both ambition and responsibility.
1 min
February 17, 2026
Hindustan Times Rajasthan
Exorcise ghosts of the past to reset ties with Dhaka
Not only must New Delhi ignore peripheral noises from both sides of the border, it must leverage the mutual need for stability and show openness to create a balanced and predictable bilateral framework
4 mins
February 17, 2026
Hindustan Times Rajasthan
Al Impact Summit kicks off with packed halls
The world’s largest artificial intelligence summit opened to packed halls and long queues on Monday, as tech moguls, industry leaders, policymakers, founders, and technologists thronged the venue for the conference, where India is set to push for widening access to Al and seek international agreement on global AI commons.
1 mins
February 17, 2026
Hindustan Times Rajasthan
Ex-US Prez Obama shuts down alien buzz and says there's no evidence they've made contact
Former US President Barack Obama said he did not see evidence that aliens “have made contact with us,” after sending social media abuzz by saying aliens were real on a podcast over the weekend.
1 min
February 17, 2026
Hindustan Times Rajasthan
PM MODI LIKELY TO VISIT ISRAEL, SAYS NETANYAHU
Prime Minister Narendra Modi will travel to Israel on a two-day visit from February 25 to 26, people aware of the matter said on Monday.
1 min
February 17, 2026
Listen
Translate
Change font size