RBI Cuts Repo Rate Amid Global Economic Turmoil

CosmicTaco · 2025-04-10T11:17:53.641805+05:30

- The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6%, aiming to boost GDP growth amid global economic challenges. - Governor Sanjay Malhotra announced a slight downward revision in India's GDP growth forecast for FY 2025-26, from 6.7% to 6.5%. - The RBI's policy stance has shifted from 'neutral' to 'accommodative,' indicating potential for further rate cuts depending on economic conditions. - The move comes in response to the Trump administration's 26% reciprocal tariff on Indian goods, which poses risks of a global economic slowdown. - Experts believe the rate cut will support growth, improve consumer sentiment, and potentially boost the property sector. Source: [Times Now News](https://www.timesnownews.com/business-economy/economy/why-did-rbi-go-for-a-back-to-back-rate-cut-a-peek-into-indias-plan-to-contain-trumps-tariff-shock-article-151382399), [Hindustan Times](https://www.hindustantimes.com/india-news/rbi-cuts-interest-rate-lowers-gdp-forecast-101744224849683.html)

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6%, aiming to boost GDP growth amid global economic challenges.
Governor Sanjay Malhotra announced a slight downward revision in India's GDP growth forecast for FY 2025-26, from 6.7% to 6.5%.
The RBI's policy stance has shifted from 'neutral' to 'accommodative,' indicating potential for further rate cuts depending on economic conditions.
The move comes in response to the Trump administration's 26% reciprocal tariff on Indian goods, which poses risks of a global economic slowdown.
Experts believe the rate cut will support growth, improve consumer sentiment, and potentially boost the property sector.

Source: Times Now News, Hindustan Times