India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
The message from India’s Budget 2025 was subtle, yet clear: the middle-income class has to spend more to boost corporate ...
India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...
Lower taxes, Chinese investment, and US tariff talks can reboot India's economy, boost jobs, and secure its global standing.
A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...
The Indian government will begin publishing monthly unemployment figures from April, a senior official said on Friday, in a ...
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India's economic growth hinges on private sector's Capex push: JefferiesIndia's economic growth is at a crossroads, and the private sector is being counted on to drive the next phase of investment.
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