RBI cuts repo rate to 6%, adopts accommodative stance amidst global uncertainties; GDP forecast lowered, CPI inflation benign.

The Reserve Bank of India’s (RBI) Monetary Policy Committee recently announced a 25 basis points reduction in the repo rate to 6%, along with a shift in stance to accommodative in light of global economic uncertainties. Despite a slight decrease in the GDP growth forecast for the fiscal year 2025-26 to 6.5%, the Consumer Price Index (CPI) inflation outlook continues to remain benign at 4%. This move is aimed at stimulating economic growth and boosting investment sentiment in the country. The RBI’s decision comes at a crucial time when the Indian economy is facing challenges from both domestic and international factors. Stay updated on the latest developments in the financial markets and economy to make informed decisions regarding investments and financial planning.

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