India Central Bank Shocks With Biggest Rate Cut Since Covid As Growth, Inflation Stall
Friday, 6 June 2025 () India Central Bank Shocks With Biggest Rate Cut Since Covid As Growth, Inflation Stall India's central bank shocked markets this morning when it slashing interest rates (in a 5:1 vote) by a deeper-than-expected half a percent - the third cut in a row - and the largest rate cut since the covid…
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
Despite the pandemic no longer dominating headlines, COVID-19 continues to claim hundreds of American lives every week. New CDC data reveals that over 350 people are still dying each week, with the..
Civilians defence drills were carried out in several cities across India as tensions remain high with Pakistan. Sirens were sounded and blackouts observed in cities like Delhi, Mumbai, Surat,..
The UK and India have agreed a trade deal that will make it easier for UK firms to export products to India and cut taxes on India's clothing and footwear exports. Prime Minister Sir Keir Starmer..