RBI cuts repo rate by 25 bps to 6.25%; Governor announces additional measures
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Friday ‘unanimously’ decided to reduce the policy rate by 25 bps from 6.50 per cent to 6.25 per cent.
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Friday ‘unanimously’ decided to reduce the policy rate by 25 bps from 6.50 per cent to 6.25 per cent.
The Index exhibited a further downward momentum in January, dipping to 4 per cent on a YoY basis, moderating from 5.4 per cent in December.
The Communist Party of India (CPI) on Saturday strongly criticized the Union Budget for 2025-26, claiming it has failed to address critical structural challenges such as rural distress, stagnant agriculture, rising unemployment, and the crumbling healthcare and education systems.
Britain's Consumer Prices Index (CPI) rose by 2.5 per cent in the 12 months to December 2024, down from 2.6 per cent in November, according to data from the Office for National Statistics (ONS) released on Wednesday.
The easing of inflation reflects a steadily declining trend after having touched a 14-month high of 6.21 per cent in October. CPI inflation had declined to 5.48 per cent in November.
CPI(ML) Liberation has called for support for the Left and Democratic Alliance in the upcoming Assembly by-elections, which will be held 10 July.
Binoy Viswam said that the Left families cannot tolerate the knowledge that the people who pretend to be protectors of the movement are agents of the underworld.
Even as Tamil Nadu is witnessing a spike in honour killings and anti-Dalit atrocities, Chief Minister MK Stalin has refused to accede to the demand from the ruling DMK’s allies to bring in a special legislation to curb them on the ground that effective implementation of existing penal laws was enough and would serve the purpose.
The Labour Bureau, an attached office under the ministry, said that the All-India CPI-IW for April increased by 0.5 points and stood at 139.4.
The counting of votes for other seats is going on in the state which went to the Lok Sabha polls in two phases on April 19 and April 26.