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RBI holds rates again to keep inflation down

The New Indian Express Vellore

|

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 Vellore

The New Indian Express Vellore

The New Indian Express Vellore

Forest dept to conduct state’s first-ever raptor assessment from Jan 31 to Feb 1

IN a first-of-its-kind exercise, the Tamil Nadu forest department will conduct a two-day statewide raptor assessment on January 31 and February 1 to map the distribution and relative abundance of birds of prey across diverse habitats.

time to read

1 mins

January 22, 2026

The New Indian Express Vellore

Success story: From fossils to factories, Kutch turns desolation into destiny

AT first glance, Kutch appears forbidding — an arid frontier of salt deserts, scant rainfall, and settlements clinging to the edge of habitability.

time to read

1 mins

January 22, 2026

The New Indian Express Vellore

Four women held for sale of one-month-old baby for ₹3.81

MOTHER of a newborn and three other women were detained by the Kasimedu police on Tuesday in connection with the alleged sale of a one-month-old male baby to a woman in Erode for ₹3.8 lakh.

time to read

1 min

January 22, 2026

The New Indian Express Vellore

The New Indian Express Vellore

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 Vellore

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 Vellore

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

The New Indian Express Vellore

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 Vellore

The New Indian Express Vellore

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 Vellore

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 Vellore

Tamil Nadu take on Odisha as Ranji Trophy resumes

AS Ranji Trophy resumes, Tamil Nadu will take on Odisha in their Group A match starting at Cuttack from Thursday without some of their star playerss.

time to read

2 mins

January 22, 2026

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