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Monday, May 6, 2024
TopicRepo Rate

Topic: Repo Rate

RBI’s rate cut comes as pre-election stimulus for Modi govt

Govt officials were quick to praise the cut but economists are concerned that the monetary & fiscal stimulus would be inflationary.

RBI governor Shaktikanta Das’ first rate cut move is government-friendly, as expected

Experts say RBI's 25 basis points cut in lending rate is expansionary given as it comes shortly after an expansionary budget.

Travancore Devaswom Board shows the way, politics over Sabarimala must end now

The 50-word Edit — ThePrint view on the most important issues, instantly.

RBI cuts repo rate by 25 bps in first policy meet under Shaktikanta Das

The repo rate cut will nudge banks to cut interest rates on loans for borrowers and provide a stimulus for demand in the economy.

RBI increases repo rate after 4.5 years, and Rahul Gandhi’s speech has started a fight

The repo rate is the rate at which the RBI lends money to commercial banks. Which means that home, auto and personal loans are likely to get more expensive.

RBI expected to keep policy rates unchanged despite easing inflation & recovering economy

Opinion, however, is split on whether the central bank will tighten its stance in the later part of the year.

RBI leaves rates alone, says growth will depend on stable financial management

The central bank has said that the economic recovery is on a stable path, but said inflation risks persist.

RBI keeps policy rates unchanged, revises inflation forecast for Q3 & Q4

The repo rate remains at 6 per cent and the reverse repo rate at 5.75 per cent after improvement in growth numbers, due to inflationary pressures.

On Camera

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.