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    <title>Finance Ministry Welcomes RBI’s Move to Cut Repo Rate by 25 Basis Point;</title>
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    <description>The Finance Ministry endorses the Reserve Bank of India&#039;s repo rate cut as consistent with disinflationary trends and signalling a monetary policy shift; it expects the cut to boost private sector spending, strengthen corporate and bank balance sheets, and facilitate greater demand for and supply of credit, complementing government measures to revive investment and medium term growth.</description>
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