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RBI holds rates again to keep inflation down

The New Indian Express Tiruchy

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December 07, 2024

In balancing act, cuts cash reserve ratio and frees up ₹1.16 lakh crore to support growth

- BENN KOCHUVEEDAN @Mumbai

RBI holds rates again to keep inflation down

THE Reserve Bank of India (RBI) on Friday chose to stay the course on inflation control, refusing to make any knee-jerk reaction to the growth slump reported in the second quarter with a repo rate cut.

RBI's monetary policy committee (MPC) led by governor Shaktikanta Das decided to maintain the repo rate at 6.5% for the 11th time on the trot. The last time it changed the repo rate—the interest rate at which RBI lends money to commercial banks—was in February 2023, when it raised it by 25 basis points.

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NSE to get NOC for public listing by January-end: SEBI chairman Pandey

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January 11, 2026

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Can Shubman Gill in the blanks?

Batter has been subdued in recent times & will be hoping to regain mojo in ODI series vs NZ

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January 11, 2026

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Tamil Nadu men cagers to take on Railways in final

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Time for quick reset in India’s policies: Expert

UNITED States Commerce Secretary Howard Lutnick claimed the US-India trade deal has stalled because Prime Minister Narendra Modi did not call President Trump, adding uncertainty to the much-anticipated agreement.

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States oppose changes in MGNREGA in pre-Budget meet

STATES have vehemently opposed the proposed changes in MGNREGA, and called for more fiscal space during a pre-Budget consultation chaired by Union Finance Minister Nirmala Sitharaman on Saturday.

time to read

1 mins

January 11, 2026

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