The Catch Up: 9 April

The Catch Up: 9 April

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This is the Catchup on 3 Things by The Indian Express and I'm Flora Swain. Today is the 9th of April and here are today's headlines. The Reserve Bank of India has slashed the repo rate by 25 basis points to 6% in its latest monetary policy review. This signals lower interest rates on home, personal, and auto loans soon. The Monetary Policy Committee also shifted its stance from "neutral" to "accommodative," hinting at more rate cuts ahead. GDP growth for 2025–26 has been revised down to 6.5% from 6.7%, while retail inflation is projected at 4%. Lower rates aim to boost borrowing an...

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