https://www.taxtmi.com/news?id=51671 The Reserve Bank maintained its policy interest rate and a neutral stance in response to external trade-related uncertainties, noting that recent rate cuts are still transmitting to the broader economy. The Bank lowered its inflation projection for the fiscal year while warning of upside risks toward year-end from base effects and demand-side pressures, and kept its GDP growth outlook unchanged. Policy guidance emphasised data-dependence, a facilitative approach to support growth without compromising price stability, and the need for complementary non-monetary policy measures in the face of external challenges. en-us Wed, 06 Aug 2025 12:01:03 +0530 Wed, 06 Aug 2025 12:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51671 The Reserve Bank maintained its policy interest rate and a neutral stance in response to external trade-related uncertainties, noting that recent rate cuts are still transmitting to the broader economy. The Bank lowered its inflation projection for the fiscal year while warning of upside risks toward year-end from base effects and demand-side pressures, and kept its GDP growth outlook unchanged. Policy guidance emphasised data-dependence, a facilitative approach to support growth without compromising price stability, and the need for complementary non-monetary policy measures in the face of external challenges. News - Wed, 06 Aug 2025 12:01:03 +0530 https://www.taxtmi.com/news?id=51671