https://www.taxtmi.com/news?id=40371 The Monetary Policy Committee cut the policy repo rate and realigned the Standing Deposit Facility, Marginal Standing Facility and Bank Rate to ease funding costs and support credit transmission while pursuing the CPI inflation target. Updated macro projections forecast moderate GDP expansion with sectoral support from agriculture, manufacturing revival and services, and note strengthening investment amid external headwinds. The inflation outlook is softened by lower food and crude prices but exposed to global and weather risks. Improved liquidity from central bank operations narrowed market spreads and lowered short-term rates, with continued monitoring pledged. en-us Wed, 09 Apr 2025 18:52:06 +0530 Wed, 09 Apr 2025 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40371 The Monetary Policy Committee cut the policy repo rate and realigned the Standing Deposit Facility, Marginal Standing Facility and Bank Rate to ease funding costs and support credit transmission while pursuing the CPI inflation target. Updated macro projections forecast moderate GDP expansion with sectoral support from agriculture, manufacturing revival and services, and note strengthening investment amid external headwinds. The inflation outlook is softened by lower food and crude prices but exposed to global and weather risks. Improved liquidity from central bank operations narrowed market spreads and lowered short-term rates, with continued monitoring pledged. News - Wed, 09 Apr 2025 18:52:06 +0530 https://www.taxtmi.com/news?id=40371