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RBI Governor Opines Interest Rate Reduction to Bolster Private Consumption
The Statesman Bhubaneswar
|April 24, 2025
RBI Governor Sanjay Malhotra said cutting benchmark interest rates will boost private consumption and help revive private corporate investment.
His comments came during the Monetary Policy Committee (MPC) meeting held earlier this month, where he and five other members voted for a 25 basis point repo rate cut, as noted in the minutes released by the RBI on Wednesday.
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The Statesman Bhubaneswar
First legally binding pact to protect marine life takes effect
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The Statesman Bhubaneswar
Renewed fighting in Myanmar’s Rakhine over strategic port cities
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The Statesman Bhubaneswar
Reliance Industries posts ₹18,645 crore profit in Q3 FY26; GDR slips 2 per ecnt
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1 mins
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The Statesman Bhubaneswar
Kyiv, EU allies seek firmer Ukraine commitments from Trump
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The Statesman Bhubaneswar
On their return, Indians describe situation in Iran as ‘very bad’
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1 min
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The Statesman Bhubaneswar
Form 7 submission: Four BJP cadres arrested
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1 min
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The Statesman Bhubaneswar
Sunday’s matchalmostlikea WCfinal, says Siraj
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The Statesman Bhubaneswar
Cold Ambitions
In the Arctic, ambition wears a colder mask.
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The Statesman Bhubaneswar
AIADMK manifesto: ₹2,000, subsidised loan for women, free bus travel for men
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1 mins
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The Statesman Bhubaneswar
CM Majhi secures ₹1lakh crore investment commitments at Odisha Investors' Meet in Kolkata
Odisha attracted investment intents worth close to Rs 1 lakh crore at its Investors Meet Roadshow held in Kolkata over two-days Friday and Saturday.
1 mins
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