Prøve GULL - Gratis
Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
The New Indian Express Tirupati
|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.
Denne historien er fra June 21, 2025-utgaven av The New Indian Express Tirupati.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Tirupati
The New Indian Express Tirupati
Rogue elephant kills two more in J’khand, toll reaches 22 in nine days
AFTER a 48-hour pause, the killer elephant once again trampled two more people to death on Friday, while an employee of the forest department, who was deployed to drive it into the jungles, was critically injured and is battling for life.
1 min
January 10, 2026
The New Indian Express Tirupati
After BJP poaches on Cong, Shinde ties up with Ajit's NCP
A major political twist unfolded in the Ambarnath Nagar Parishad in Maharashtra, dealing a setback to the BJP despite its move to induct 12 expelled Congress corporators.
1 mins
January 10, 2026
The New Indian Express Tirupati
Naidu: Telangana can utilise Polavaram project water
MAKING it clear that there will beno compromise in safeguarding the interests of Andhra Pradesh, Chief Minister N Chandrababu Naidu has asserted that there will be no use with conflicts among riparian States on river water sharing.
1 min
January 10, 2026
The New Indian Express Tirupati
Ensure no negativity on GGH services: Minister
REVEALING that there is 60 to 70% positive response from patients pertaining to medical services in Government General Hospitals (GGHs), Minister for Health, Family Welfare and Medical Education Y Satya Kumar Yadav has underlined the need to ensure that there is total satisfaction among people.
1 min
January 10, 2026
The New Indian Express Tirupati
Lokesh: Same party rule must continue for growth
MENTIONING that several industries shifted to neighbour-ing States with the previous YSRCP regime cancelling the Power Purchase Agreements (PPAs), Minister for HRD and IT Nara Lokesh has underlined need for continuation of same party governments in States for sustained development.
1 min
January 10, 2026
The New Indian Express Tirupati
Charges framed against Lalu for running Railways as 'personal fiefdom'
A Delhi court on Friday ordered framing of charges against RJD chief and former railway minister Lalu Prasad Yadav, his wife and former CM Rabri Devi, and their son and former Deputy CM Tejashwi Yadav in the alleged land-for-jobs scam.
1 mins
January 10, 2026
The New Indian Express Tirupati
MIND ECOLOGICAL BALANCE WHILE RAISING TEAK OUTPUT
NDIA now needs to import an expensive product it once was the leading producer of.
1 mins
January 10, 2026
The New Indian Express Tirupati
Unpaid challans to push vehicles off the road
E-CHALLANS & ROAD SAFETY
1 mins
January 10, 2026
The New Indian Express Tirupati
Parliament from Jan 28, Budget Feb 1
THE Budget session of Parliament is likely to commence on January 28 with the Union Budget possibly being tabled on February 1, a Sunday.
1 min
January 10, 2026
The New Indian Express Tirupati
After Modi push, new mothers scheme gets tech transparency
PRIME Minister Narendra Modi has suggested reforms to make the Pradhan Mantri Matru Vandana Yojana (PM-MVY),acentral flagship scheme that provides maternity benefits to pregnant and lactating mothers, more technology-driven, transparent and robust, official sources said Friday.
2 mins
January 10, 2026
Listen
Translate
Change font size