Due to moderate inflation in India, MPC has kept the repo rate at 5.25%. business News

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Due to moderate inflation in India, MPC has kept the repo rate at 5.25%. business News & more related News Here

The Reserve Bank of India has maintained status quo on its benchmark repo rate, even as India’s inflation rate remains below its tolerance band. Reserve Bank of India (RBI) Governor Sanjay Malhotra. (Puneet Paranjape/AFP Photo) Governor Sanjay Malhotra said during his televised speech on Friday that the six-member Monetary Policy Committee (MPC) of the RBI,…

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India’s inflation rate remains low at 1.33%, scope for another RBI repo rate cut Business News

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India’s inflation rate remains low at 1.33%, scope for another RBI repo rate cut Business News & more related News Here

India’s inflation rate accelerated but remained below the Reserve Bank of India’s tolerance band, leaving the door open for a repo rate cut next month. An employee unloading onion sacks from a truck in the wholesale vegetable market of Jalandhar (PTI) The consumer price index, a measure of retail inflation in the Indian economy, rose…

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