Intentar ORO - Gratis
Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
The New Indian Express Tadepalligudem
|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 Tadepalligudem.
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 Tadepalligudem
The New Indian Express Tadepalligudem
Vehicles to soon give crash warning to each other
VEHICLES in India will soon be fitted with an On-Board Unit (OBU) that enables Vehicle-to-Vehicle (V2V) communication to improve road safety.
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
Dhami’s strike sinks Bengal Tigers
Boby Singh Dhami’s decisive goal earned Vedanta Kalinga Lancers a 2-1 win over Shrachi Bengal Tigers in the men’s Hockey India League match at the Mayor Radhakrishnan Stadium here on Thursday.
1 min
January 09, 2026
The New Indian Express Tadepalligudem
Divorce case: Vembu asked to furnish $1.7 billion bond
A court in the US, where Zoho Corporation (ZCPL) co-founder Sridhar Vembu has filed a divorce petition against wife Pramila Srinivasan, has ordered him to furnish a bond of $1.7 billion, as per media reports.
1 min
January 09, 2026
The New Indian Express Tadepalligudem
'Rejected violence, stones, arrows for peaceful means', Wangchuk tells SC
JAILED climate activist Sonam Wangchuk told the Supreme Court on Thursday that the tenor of his speech was not to propagate violence and his appeal for peace was suppressed from the detaining authority.
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
Trained in new language, 13 youth from violence-hit Manipur land jobs in Japan
SCARRED they may be by bloody ethnic violence, but for 13 youths from Manipur, there's a reason to smile.
1 min
January 09, 2026
The New Indian Express Tadepalligudem
People's scientist who gave Nature a voice
MADHAV
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
Novelty of ICC’s ships must be retained: Uthappa
ON Wednesday evening at Kingsmead, Durban, Pretoria Capitals’ Shai Hope was putting on a scintillating show against Durban’s Super Giants in the SA20 league.
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
US pulls out of India-led body, 65 other panels
IN a setback to global climate cooperation, United States President Donald Trump has formally withdrawn the US from the International Solar Alliance (ISA), a flagship renewable energy initiative coled by India and France, seen as a sharp shift away from multilateral climate engagement.
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
NCB busts drug network at Myanmar border, seizes heroin worth ₹15 crore
IN a major crackdown, the Narcotics Control Bureau (NCB) seized 7.312 kg of premium-quality heroin worth ₹15 crore hidden inside 638 soap cases and arrested two traffickers operating near the India-Myanmar border, the agency said on Thursday.
1 mins
January 09, 2026
The New Indian Express Tadepalligudem
Emotional Sanjana chasing excellence with late father in her mind
USUALLY, one may see Karnataka hoopster Sanjana Ramesh on the court sporting number 24 or 30 on the back of her jersey.
2 mins
January 09, 2026
Listen
Translate
Change font size