https://www.taxtmi.com/news?id=40323 Fresh US-imposed reciprocal trade tariffs have materially increased global trade tensions and precipitated renewed selling pressure across equity markets, causing major indices to open and close lower amid heightened risk aversion. In response to the trade shock, the Monetary Policy Committee voted unanimously to implement a 25 basis point repo rate cut and shifted its policy stance from neutral to accommodative, signalling the prospect of additional easing while lowering growth and inflation projections. en-us Wed, 09 Apr 2025 16:16:03 +0530 Wed, 09 Apr 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40323 Fresh US-imposed reciprocal trade tariffs have materially increased global trade tensions and precipitated renewed selling pressure across equity markets, causing major indices to open and close lower amid heightened risk aversion. In response to the trade shock, the Monetary Policy Committee voted unanimously to implement a 25 basis point repo rate cut and shifted its policy stance from neutral to accommodative, signalling the prospect of additional easing while lowering growth and inflation projections. News - Wed, 09 Apr 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=40323