RBI holds rates again to keep inflation down
The New Indian Express Jeypore|December 07, 2024
In balancing act, cuts cash reserve ratio and frees up ₹1.16 lakh crore to support growth
BENN KOCHUVEEDAN @Mumbai
RBI holds rates again to keep inflation down

THE Reserve Bank of India (RBI) on Friday chose to stay the course on inflation control, refusing to make any knee-jerk reaction to the growth slump reported in the second quarter with a repo rate cut.

RBI's monetary policy committee (MPC) led by governor Shaktikanta Das decided to maintain the repo rate at 6.5% for the 11th time on the trot. The last time it changed the repo rate—the interest rate at which RBI lends money to commercial banks—was in February 2023, when it raised it by 25 basis points.

هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express Jeypore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 07, 2024 من The New Indian Express Jeypore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS JEYPORE مشاهدة الكل
The New Indian Express Jeypore

I Know How to Play Real Characters

Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life

time-read
3 mins  |
December 22, 2024
The New Indian Express Jeypore

Of Our Non-violent Ancestors

Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation

time-read
1 min  |
December 22, 2024
The New Indian Express Jeypore

The Corrosive Power of Pride

Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth

time-read
1 min  |
December 22, 2024
The New Indian Express Jeypore

Market on the Sands

The Rathgama Wella Fish Market

time-read
2 mins  |
December 22, 2024
The New Indian Express Jeypore

Market on the Sands

The Rathgama Wella Fish Market

time-read
1 min  |
December 22, 2024
The New Indian Express Jeypore

Stop Inane and Diversionary Debates, and Focus on What Really Matters

Acute Angle

time-read
4 mins  |
December 22, 2024
The New Indian Express Jeypore

Stepping Across the Worry Lines

The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity

time-read
3 mins  |
December 22, 2024
The New Indian Express Jeypore

Every Woman's Brushstrokes

A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.

time-read
1 min  |
December 22, 2024
The New Indian Express Jeypore

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
2 mins  |
December 22, 2024
The New Indian Express Jeypore

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
1 min  |
December 22, 2024