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RBI holds rates again to keep inflation down
The New Indian Express Kannur
|December 07, 2024
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. With Friday's decision to hold rates, the central bank has signaled that a growth slip in just one quarter does not warrant a course correction from its Parliament-mandated infl
Denne historien er fra December 07, 2024-utgaven av The New Indian Express Kannur.
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FLERE HISTORIER FRA The New Indian Express Kannur
The New Indian Express Kannur
Growth must be accompanied by equitable distribution: C Rangarajan
FORMER Reserve Bank of India governor, C Rangarajan on Monday emphasised that India’s ambition to become a developed nation by 2047 hinges not only on sustained high growth but also on a conducive global environment and cooperative international policies.
1 min
October 28, 2025
The New Indian Express Kannur
GST 2.0 to drive jobs, economic growth: FinMin
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1 min
October 28, 2025
The New Indian Express Kannur
West doesn't practise what it preaches, says Jaishankar
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1 min
October 28, 2025
The New Indian Express Kannur
Shah showcases big maritime strength
680 MoUs worth ₹10 lakh crore to be signed
1 mins
October 28, 2025
The New Indian Express Kannur
Students won't tie knots anymore as Raj makes school dress uniform
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1 mins
October 28, 2025
The New Indian Express Kannur
Don’s daughter takes up battle for RJD
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1 min
October 28, 2025
The New Indian Express Kannur
‘INITIAL LEARNING IN MOTHER TONGUE VERY IMPORTANT’
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6 mins
October 28, 2025
The New Indian Express Kannur
Sona Comstar puts JV with China’s Jinnaite Machinery in ‘abeyance’
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1 min
October 28, 2025
The New Indian Express Kannur
Mahals & temple unite, raise ₹46L in 12 hrs for kidney patient
FOR A NOBLE CAUSE
1 mins
October 28, 2025
The New Indian Express Kannur
Exporters flag concern over GM soya imports
INDIA’S soybean exporters have raised concerns over the government's reported consideration to allow imports of genetically modified (GM) soybean meal from the US, warning that such a move could erode the country’s export competitiveness built on its “non-GM” reputation.
1 mins
October 28, 2025
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