In a significant development for the Indian economy, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points. The repo rate now stands at 5.75%, a move aimed at boosting growth and investment in the country. This decision comes in the wake of slowing economic growth and subdued inflation. The RBI has also changed its monetary policy stance to accommodative, indicating a shift towards a more growth-oriented approach. The rate cut is expected to lower borrowing costs for businesses and individuals, potentially stimulating spending and investment. This move is seen as a proactive step by the central bank to support the Indian economy amidst global economic uncertainties and trade tensions. The RBI Governor, Shaktikanta Das, emphasized the need to support growth while ensuring inflation remains within the target range. The rate cut is likely to have a positive impact on sectors such as real estate, automobile, and consumer goods. It is also expected to ease the burden on existing borrowers, providing relief in terms of lower EMIs. The RBI’s decision is likely to be welcomed by industry experts and policymakers, who have been calling for measures to boost economic growth. Overall, the rate cut is expected to provide a much-needed impetus to the Indian economy and support the government’s efforts to revitalize growth.