Prøve GULL - Gratis
Rate Cuts Part Of RBI Effort To Prop Up Growth: MPC
The New Indian Express Vijayawada
|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 Vijayawada.
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 Vijayawada
The New Indian Express Vijayawada
AT HALF THE COST, GENERICS WORK AS GOOD AS BRANDED
UNNIKRISHNAN S @T’Puram
2 mins
January 13, 2026
The New Indian Express Vijayawada
APSACS conducts 110 blood donation camps to mark National Youth Day
TO mark the National Youth Day, the Andhra Pradesh State AIDS Control Society (AP SACS) organised 110 blood donation camps across the State, resulting in the collection of nearly 2,000 units of blood.
1 min
January 13, 2026
The New Indian Express Vijayawada
NDA govt committed to promoting women entrepreneurs, says Minister
CIVIL Supplies and Consumer Affairs Nadendla Manohar on Monday said that the coalition government is working with sincerity and commitment to empower women as entrepreneurs by providing them with sustainable livelihood opportunities and market access.
1 min
January 13, 2026
The New Indian Express Vijayawada
Gadkari: Quality of BKV works not compromised
UNION Minister for Road Transport and Highways Nitin Gadkari on Monday said that quality was never compromised despite the record pace of highway construction, even as four Guinness World Records were set in the Bengaluru-Kadapa-Vijayawada Economic Corridor (BKV).
1 min
January 13, 2026
The New Indian Express Vijayawada
AP clears Websol’s ₹3,538-cr 8 GW solar project
THE Government of Andhra Pradesh has approved a landmark greenfield investment by Websol Renewable Private Limited to establish a fully integrated 8 GW solar manufacturing facility at MPSEZ-Naidupeta in Tirupati district.
2 mins
January 13, 2026
The New Indian Express Vijayawada
India Open 2026: Big service for shuttlers with World C'ships in mind
THE beauty of sports is that a new season can bring a turn in fortunes as the players enter with a renewed sense of optimism.
3 mins
January 13, 2026
The New Indian Express Vijayawada
Modi, Merz agree to upgrade bilateral strategic relations
IN a big push amid rising global protectionism, German Chancellor Friedrich Merz on Monday was optimistic of sealing a landmark EU-India free trade agreement by January-end, with top EU leaders likely visiting New Delhi to sign it, following wide-ranging talks with Prime Minister Narendra Modi in Ahmedabad.
1 min
January 13, 2026
The New Indian Express Vijayawada
Hand over Bhagat Singh trial record for emotional reason, Punjab tells UK
THE Punjab Government has requested the United Kingdom for access to original audio-video recordings and archival documents pertaining to the trial of freedom fighters Bhagat Singh, Sukhdev Thapar, and Shivaram Hari Rajguru.
1 min
January 13, 2026
The New Indian Express Vijayawada
2 die in Indore due to water contamination, 9 in hospital
TWO more deaths have reportedly happened in the country’s cleanest city, Indore, due to contaminated water triggering a diarrhoea outbreak, taking the toll to 23 to date.
1 mins
January 13, 2026
The New Indian Express Vijayawada
Jammu and Kashmir spar over law university
DAYS after the closure of the Mata Vaishno Devi Medical College following agitation by Hindu groups over the admission of Muslim students, a fresh political controversy has erupted in the Valley over the establishment of a National Law University (NLU).
2 mins
January 13, 2026
Listen
Translate
Change font size