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India Cuts Interest Rates For 1st Time Since 2020
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
Inflation & Slow Growth Rate: India's Double Trouble
India's rate of inflation rose, or more precisely, the Consumer Price Index, which is the most reliable means of gauging retail inflation, rose to 6.21 per cent in October, compared to its low of 3.6 per cent in July.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
4h
on MSN
India’s budget 2025: can tax relief revive slowing consumption?
India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...
Nikkei Asia
1d
India cuts rates for first time in nearly five years to 6.25%
MUMBAI -- The Reserve Bank of India on Friday cut its key interest rate for the first time since May 2020, as concerns about ...
1d
RBI projects FY26 inflation at 4.2%, down from 4.8% estimate in 2024-25
RBI projects retail inflation at 4.2% for next fiscal year, citing good crop prospects and global uncertainties.
20h
on MSN
India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus ...
3h
Union Bank of India sees lower inflation for FY25 and FY26 than MPC estimates
The UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery ...
20h
Households expect inflation to moderate; consumer confidence dips
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
1d
3M India posts smaller third-quarter profit as inflation pressures margins
Diversified products maker 3M India reported a 16% fall in its third-quarter profit on Friday, as inflationary pressures ...
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