The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.
If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank.
New Delhi [India], Nov 28 (ANI): Asserting that the world has "much higher" expectation from India, External Affairs Minister S Jaishankar on Thursday said that Prime Minister Narendra Modi-led government has a comprehensive foreign policy outlook that reflects both the current state of the