April 9, 2025 10:55 AM
RBI cuts repo rate by 25 bps to 6% amid deepening global trade war
The Reserve Bank of India (RBI) on Wednesday cut the repo rate by 25 basis points, reducing it from 6.25 per cent to 6 per cent, in a bid to support the economy amid growing global headwinds stemming from sweeping tariffs and retaliatory duties impos...