In a move to boost the economy amidst global economic uncertainties, the Reserve Bank of India (RBI) has reduced the repo rate to 6.5% and has taken on an accommodative stance, hinting at possible future rate cuts. This decision comes in light of trade tariffs affecting the global economy. The RBI aims to implement a growth-supportive monetary policy to stimulate economic activity. However, the central bank also recognizes the challenges ahead and has revised its GDP growth projections for the financial year 2025-26 to 6.5%. This move is expected to provide some relief to various sectors of the economy and encourage businesses to invest and expand. Stay updated for more information on the RBI’s monetary policies and their impact on India’s economic landscape.