India 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.
India can certainly achieve 7 pc plus growth rate: RBI Governor
Reserve Bank Governor Sanjay Malhotra on Friday said India can certainly achieve over 7 per cent growth rate and the nation should aspire for that. The Reserve Bank of India (RBI) in its bi-monthly monetary policy has projected 6.
India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's
India needs to change its fiscal and monetary policy to achieve a 6.4 per cent GDP growth in 2025 amid a weak rupee, declining foreign investment and volatile inflation, Moody's Analytics said on Wednesday.
RBI Cuts Repo Rate After 5 Years: What It Means for Growth, Inflation & Markets
Experts believe this policy shift aims to revitalise economic activity by lowering borrowing costs, thereby encouraging both consumer spending and business investments
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
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.
India central bank cuts policy rate for the first time in nearly five years; pegs next year's GDP growth at 6.7%
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 Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
Monetary Policy: Supporting growth with stability amid global headwinds
The MPC’s decision to reduce borrowing costs complements these efforts, making credit more accessible to businesses and ...
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India Can Achieve 7% Growth: RBI Governor
RBI Governor Sanjay Malhotra believes India can achieve over 7% growth, highlighting the budget's positive impact on ...
Prudent Monetary Policy; cyclicality of food inflation allows RBI to switch focus back to growth: Kaustubh Gupta
Inflation is expected to significantly decrease to around 4.45% to 4.5% in the next 12 months. This allows the Reserve Bank ...
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India's RBI Takes Action: Repo Rate Cut Sparks Hope for Homebuyers and Economic Growth
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
Budget 2025 Expectations: Moody's suggests India focus on fiscal and monetary policy to achieve 6.4% GDP growth
Moody’s analytics on Wednesday stated that, amid a weak rupee, declining foreign investment, and volatile inflation, to ...
Growth in India services sector slows to more than 2-year low in Jan, PMI shows
Growth in India's dominant services sector was the slowest in over two years in January amid cooling demand but remained ...