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.
The court, after reviewing her petition, will request a police report on the matter. Meanwhile, Naveen Babu’s family has indicated their intent to formally oppose Divya’s release on bail.
Leader of the Opposition in the Kerala Assembly VD Satheesan on Saturday slammed senior CPI-M leader and former MP NN Krishnadas for making derogatory remarks against media persons.
The CPI has decided to field senior party leader Sathyan Mokeri against Congress leader Priyanka Gandhi in the upcoming Wayanad Lok Sabha bypoll. The decision to nominate Mokeri as its candidate for Wayanad seat was taken in the CPI state executive meeting held here Thursday
With the Tamil Nadu Police’s crackdown at the Samsung India plant in Sunguvarchatram, Sriperumbudur, arresting striking workers and union leaders, tension is mounting in the area.
Even as the Opposition is targeting Chief Minister MK Stalin over the death of five persons at the Indian Air Force (IAF) airshow at the Marina seafront here, the Viduthalai Chiruthaigl Katchi (VCK) and the CPI(M), key alliance partners of the ruling DMK on Monday demanded a high-level inquiry into the tragedy.