[ad_1] As the Reserve Bank of India (RBI) on Wednesday cut the repo rate again by 25 basis points, home loan EMIs are expected to fall. In the past two months, RBI has cut the repo by a total of 50 basis points. Â In February, RBI cut the benchmark rate from 6.5 per cent to…
[ad_1] This reflects a proactive but calibrated approach to support an economic recovery, while staying focused on gradually aligning Consumer Price Index inflation with its mandated target of 4%. The MPC’s forward-looking approach is commendable, especially given the long lags of policy transmission. That rate cut came on the back of several liquidity-easing measures announced…
[ad_1] With a new RBI governor at the helm, the MPC will consider the latest information on consumer price index (CPI)-based inflation and GDP growth available since the last meeting. Average headline CPI inflation in the third quarter of 2024-25 at 5.6% was well above the target, though in line with RBI’s baseline estimate. The…
[ad_1] But high global uncertainty prevails. How long will the Gaza accord last? War is still ongoing in Ukraine, as are civil wars in Sudan and Congo. Most disruptive of all, US President Donald Trump’s inaugural address made clear that he will do much of what he had threatened—massive deportation of illegal and legal migrants;…
