headed by RBI Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent. This was the first reduction since May 2020 and the first revision after two-and-a-half years.

I would like to mention here that the Reserve Bank’s exchange rate policy has remained consistent over the years. Our stated ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...