Monetary Policy decision: RBI Governor Malhotra to announce policy rates at 10 a.m.
The Hindu
RBI Governor to announce monetary policy amid expectations of rate cut, global tariff concerns, and economic stimulus.
RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal on Wednesday (April 9, 2025), the central bank said, amid expectations of a 25 basis points reduction in the short-term lending rate.
RBI's Monetary Policy Committee (MPC) headed by Governor Malhotra started its three-day deliberations on the next set of credit policy on Monday (April 7, 2025).
In February, the MPC slashed the repo rate by 25 basis points to 6.25%. It was the first reduction since May 2020 and the first revision after two-and-a-half years.
Experts are of the view that the RBI will again reduce the rate by 25 bps on Wednesday (April 9, 2025) against the backdrop of moderating inflation and the need to stimulate growth as Trump tariffs pose severe challenges to the global economy.
"Monetary Policy Statement by RBI Governor @GovSMalhotra at 10:00 AM (on April 9)," the RBI said in a post on social media platform 'X'.
U.S. President Donald Trump has announced a hefty 26% reciprocal tariff rate on India, effective on Wednesday (April 9, 2025).
Coincidentally, the MPC decision will be announced on Wednesday (April 9, 2025), the day when the reciprocal tariff kicks in.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.