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RBI holds rates again to keep inflation down

The New Indian Express Coimbatore

|

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.

FLERE HISTORIER FRA The New Indian Express Coimbatore

The New Indian Express Coimbatore

The New Indian Express Coimbatore

Ball is now in RCB’s court, says Prasad

KARNATAKA State Cricket Association (KSCA) president and former India pacer Venkatesh Prasad placed the onus on Royal Challengers Bengaluru (RCB) to play their home IPL fixtures at the iconic M Chinnaswamy Stadium.

time to read

2 mins

January 22, 2026

The New Indian Express Coimbatore

Teen treated for dog bite by quack dies of rabies

A 13-year-old teen, who was treated by a traditional healer after being bitten by a stray dog four months ago, died of rabies in Kancheepuram last Thursday.

time to read

1 min

January 22, 2026

The New Indian Express Coimbatore

The New Indian Express Coimbatore

First look at Africa’s largest airport!

UK studio Zaha Hadid Architects has begun construction of the new airport in the city of Bishoftu, Ethiopia, which is being billed as the largest aviation infrastructure project in Africa's history.

time to read

1 min

January 22, 2026

The New Indian Express Coimbatore

Legislative, parliamentary systems to have National Legislative Index: Birla

Speaker backs proposed accountability measure

time to read

1 mins

January 22, 2026

The New Indian Express Coimbatore

EC seeks reports from Didi about steps taken against 4 Bengal officials

EXPRESSING dissatisfaction with the Mamata Banerjee government, the Election Commission of India on Wednesday wrote to West Bengal chief secretary Nandini Chakraborty seeking details of action taken against four polling personnel for violating ECI guidelines.

time to read

1 min

January 22, 2026

The New Indian Express Coimbatore

Stories from the streets

ACTOR Siddhant Chaturvedi has partnered with Airbnb for a special collaboration that blends travel, music and local culture, offering fans a chance to see Mumbai through his eyes.

time to read

1 mins

January 22, 2026

The New Indian Express Coimbatore

Sabalenka & Gauff join Alcaraz in Round 3

CARLOS Alcaraz fended off a series of “bombs” before surging into the Australian Open third round on Wednesday, where he was joined by Aryna Sabalenka and a near-flawless Coco Gauff.

time to read

1 min

January 22, 2026

The New Indian Express Coimbatore

The New Indian Express Coimbatore

Rlys to run three Amrit Bharat trains from TN to West Bengal

FOLLOWING approval from the Railway Board, Southern Railway on Tuesday announced the launch of three Amrit Bharat Weekly Express trains connecting Tamil Nadu with West Bengal.

time to read

1 min

January 22, 2026

The New Indian Express Coimbatore

J&K woman to lead all-men CRPF contingent

SIMRAN Bala, a young CRPF Assistant Commandant from the Jammu and Kashmir border district of Rajouri, is all set to create a history by becoming the first woman paramilitary officer to lead an all-male CRPF contingent at the Republic Day parade at the Kartavya Path in New Delhi on January 26.

time to read

1 mins

January 22, 2026

The New Indian Express Coimbatore

Over 100 from Punjab under lens in Canada for extortion

THE British Columbia Extortion Task Force in Canada is investigating the role of 111 foreign nationals, mostly from Punjab, who may be inadmissible under the Immigration and Refugee Protection Act.

time to read

1 mins

January 22, 2026

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