Try GOLD - Free
Home, auto loans to get cheaper as RBI cuts interest rates to support 'goldilocks' economy
The Political and Business Daily
|December 06, 2025
Step to support economy hit hard by US tariff hike
-
HOME, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) on Friday cut key benchmark interest rate for the first time in six months and vowed to provide Rs 1 lakh crore liquidity boost to banking sector to support a "goldilocks" economy in the face of high US tariffs.
The six-member monetary policy committee, led by RBI Governor Sanjay Malhotra, voted unanimously to lower the repurchase or repo rate by 25 basis points to 5.25 per cent and retained a neutral stance, which gave room for further rate cuts.
This story is from the December 06, 2025 edition of The Political and Business Daily.
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 The Political and Business Daily
The Political and Business Daily
AI Summit proved to be a turning point for how world will utilise power of AI: Modi
PRIME Minister Narendra Modi on Sunday said the India AI Impact Summit proved to be a turning point in the trajectory of how the world will utilise the power of artificial intelligence in the future, and asserted that global leaders were impressed with the breakthroughs achieved by India in the domain.
1 mins
February 24, 2026
The Political and Business Daily
Under Asim Munir, Pak military escalated transnational repression: Report
PAKISTAN has long been accused of employing transnational repression to silence dissidents living abroad, with the frequency of such incidents rising since General Asim Munir assumed command of the army in November 2022, as per a media report.
1 min
February 24, 2026
The Political and Business Daily
US trade deal proof of 'Abki baar Trump se haar'?: Cong
TAKING a swipe at the government over the interim US trade deal, the Congress on Sunday said it was reflective of \"Abki baar Trump se haar\" and must be put in \"cold storage\" in view of the confusion following the American Supreme Court's verdict striking down President Donald Trump's global tariffs.
1 min
February 24, 2026
The Political and Business Daily
3 terrorists killed in encounter; Army reaffirms resolve for terror-free J&K
THREE members of the Pakistan-based Jaish-e-Mohammad (JeM) terror outfit were killed in an encounter with security forces in Jammu and Kashmir's Kishtwar district on Sunday, officials said.
1 min
February 24, 2026
The Political and Business Daily
Build careers based on collaboration, patience and professional integrity: CJI to law students
CHIEF Justice of India Surya Kant on Sunday urged law students to build careers based on collaboration, patience and professional integrity, noting that classmates would become future colleagues, adversaries in court, and potentially members of the judiciary.
1 min
February 24, 2026
The Political and Business Daily
Electorate in 9 states, UTs shrink by 1.70 cr after SIR
VOTER base in nine states and Union territories has shrunk by more than 1.70 crore following the publication of final electoral rolls as part of the ongoing Special Intensive Revision (SIR), according to official data.
1 min
February 24, 2026
The Political and Business Daily
Adani Group's hydropower plant among 10 projects worth over ₹44,000 crore set to get Odisha govt nod
THE Odisha government has approved 10 major industrial projects to the tune of Rs 44,200 crore, including Adani Group’s pumped storage hydropower plant and a key semiconductor chip unit, officials said.
1 min
February 24, 2026
The Political and Business Daily
What to watch on internet up to one's own discretion, says Mohan Bhagwat
RSS chief Dr Mohan Bhagwat on Saturday said the onus of what to watch on OTT platforms lies on an individual, as there is plenty of content there, including religious.
1 min
February 24, 2026
The Political and Business Daily
Law must evolve from ‘fortress to forum’ to make it more accessible, says CJI Surya Kant
CHIEF Justice of India Surya Kant on Saturday said that \"law cannot remain a fortress erected to protect society from arbitrariness\", and called on the young lawyers to make it a \"forum\" where differences are debated, rights articulated and power is reasoned with.
1 min
February 23, 2026
The Political and Business Daily
JP Nadda launches India-made tetanus and adult diphtheria vaccine
UNION Health Minister J P Nadda on Saturday launched the indigenously manufactured tetanus and adult diphtheria (Td) vaccine at the Central Research Institute in Himachal Pradesh's Kasauli.
1 min
February 23, 2026
Listen
Translate
Change font size

