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RBI holds rates again to keep inflation down
The New Indian Express Kollam
|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 Kollam.
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FLERE HISTORIER FRA The New Indian Express Kollam
The New Indian Express Kollam
321kg gold smuggled through 7 main routes seized in 10 months, says DRI
THE Directorate of Revenue Intelligence (DRI) has uncovered an increasingly sophisticated gold smuggling operation spanning continents. Between January and October this year, DRI intercepted and seized around 321kg of smuggled gold, valued at ₹406.35 crore.
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The New Indian Express Kollam
More girls in govt-run CBSE schools, says secy
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2 mins
October 24, 2025
The New Indian Express Kollam
'Abhay' for anonymity: How Maoists evade police action
ENGLISH playwright William Shakespeare wrote in Romeo and Juliet, \"What's in a name?\" For the outlawed CPI (Maoist), the answer is everything. Names, often assumed or symbolic, are a tool of survival, strategy, and connection with the communities in which they operate.
1 mins
October 24, 2025
The New Indian Express Kollam
U’khand village puts cap on wedding expenses
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1 mins
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The New Indian Express Kollam
TAKE AI’S HELP FOR SPEEDY JUSTICE
EW phrases encapsulate the despair of the Indian litigant more powerfully than Sunny Deol's anguished outburst in Damini: \"Tareekh pe tareekh\" (hearing after hearing).
3 mins
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The New Indian Express Kollam
16-yr-old sprinter breaks 37-yr-old record
AS THE crowd at Chandrasekhar Nair Stadium dispersed on Thursday, Athul T M, the new record holder in 100m Junior Boys, spotted Ram Kumar.
1 min
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The New Indian Express Kollam
Kohli’s twin failures, Sharma’s fifty talking points in India’s loss
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3 mins
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The New Indian Express Kollam
Trump factor leads PM to duck Malaysia trip, says Cong
THE Congress on Thursday claimed that the reason for Prime Minister Narendra Modi not travelling to Malaysia for the Asean summit was that he does not want to be cornered by US President Donald Trump.
1 mins
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The New Indian Express Kollam
High on drugs, Indian-origin truck driver kills three in US crash; held
A 21-year-old Indian-origin truck driver, Jashanpreet Singh, who had reportedly entered the US illegally in 2022, has been arrested for causing a semi-truck crash in California's Ontario that snuffed out three lives and injured at least four other people on Tuesday.
1 mins
October 24, 2025
The New Indian Express Kollam
'United' MahaYuti to contest BMC polls
WITH the Thackeray cousins, Uddhav and Raj, reportedly warming up to each other and hints of a possible alliance in the upcoming BMC elections, the BJP is disinclined to go solo and favours the MahaYuti constituents contesting together to avoid splitting Hindutva and pro-government votes.
1 mins
October 23, 2025
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