https://www.taxtmi.com/news?id=45831 The central bank retained its annual growth projection and set quarterly growth paths for the year while pursuing policy easing: it cut the policy rate and announced a strategy of frontloading rate cuts to stimulate private consumption and investment. The move is justified by the need to support domestic demand amid global capital flow volatility and exchange-rate pressures, relying on domestic strengths-strong balance sheets and stability across price, financial and political fronts-and on opportunities from demography, digitalisation and domestic demand, with additional impetus expected from favourable monsoon conditions for rural demand. en-us Fri, 06 Jun 2025 11:16:02 +0530 Fri, 06 Jun 2025 11:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45831 The central bank retained its annual growth projection and set quarterly growth paths for the year while pursuing policy easing: it cut the policy rate and announced a strategy of frontloading rate cuts to stimulate private consumption and investment. The move is justified by the need to support domestic demand amid global capital flow volatility and exchange-rate pressures, relying on domestic strengths-strong balance sheets and stability across price, financial and political fronts-and on opportunities from demography, digitalisation and domestic demand, with additional impetus expected from favourable monsoon conditions for rural demand. News - Fri, 06 Jun 2025 11:16:02 +0530 https://www.taxtmi.com/news?id=45831