Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
The New Indian Express Bhubaneswar
|June 21, 2025
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.
Esta historia es de la edición June 21, 2025 de The New Indian Express Bhubaneswar.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
India-Germany co-production of sub deal soon
INDIA and Germany on Wednesday moved to align big-ticket defence projects with a co-development and co-production framework, with Defence Minister Rajnath Singh and his counterpart Boris Pistorius agreeing on a roadmap to deepen industrial collaboration, including in the field of niche military technologies.
1 min
April 23, 2026
The New Indian Express Bhubaneswar
EC serves notice to Kharge for ‘terrorist’ remark on PM
Move follows BJP demand for an apology
1 mins
April 23, 2026
The New Indian Express Bhubaneswar
Hosp diktat: Fine for staff for long hair & beard
A major controversy has erupted over new rules issued to discipline the outsourced employees at Dr Ram Manohar Lohia Institute of Medical Sciences (RMLIMS) in Lucknow.
1 mins
April 23, 2026
The New Indian Express Bhubaneswar
C’garh pvt schools declare all-out war, fate of 14K RTE students lies in limbo
THE Chhattisgarh Private School Management Association on Wednesday declared an indefinite “Non-Cooperation Movement,” vowing to block all admissions under the Right to Education (RTE) Act until their demands are addressed.
1 min
April 23, 2026
The New Indian Express Bhubaneswar
Can’t frame rules on state’s role in religion: SC
ON the seventh day of hearings in the Sabarimala review petitions, the Supreme Court on Wednesday said it would be hard to lay down universal or prospective guidelines on when the state can intervene in religious practices in the name of social reform, saying such questions are case-specific.
2 mins
April 23, 2026
The New Indian Express Bhubaneswar
'Practical' Venkatesh waits for his chance to shine
VENKATESH
3 mins
April 23, 2026
The New Indian Express Bhubaneswar
NCW seeks norms for care, justice and rehabilitation for acid attack survivors
THE National Commission for Women (NCW) on Wednesday submitted an extensive set of recommendations to the Centre to address the lifelong needs of acid attack survivors, proposing a comprehensive survivor-centric framework covering medical care, legal justice, rehabilitation, and socioeconomic inclusion.
1 min
April 23, 2026
The New Indian Express Bhubaneswar
Govt forms panel to probe fire at HPCL Raj refinery
A day after the fire incident at the HPCL Rajasthan Refinery Limited, the government on Tuesday said it has constituted a four-member panel to investigate the cause of the blaze.
1 min
April 22, 2026
The New Indian Express Bhubaneswar
Pak extends airspace closure on the eve of Pahalgam anniversary
WITH a year of reciprocal airspace closure between India and Pakistan after the Pahalgam terror attacks, Pakistan on Tuesday said it would extend the restriction until May 24.
1 min
April 22, 2026
The New Indian Express Bhubaneswar
Pahalgam beautiful, picturesque. No question of insecurity, say tourists
ONE YEAR AFTER ATTACK
2 mins
April 22, 2026
Listen
Translate
Change font size