Economists and market analysts widely expect the RBI to cut the repo rate by 25 basis points during the Monetary Policy Committee meeting led by Governor Sanjay Malhotra, considering easing inflation and the need to boost growth amid trade barriers imposed by US President Donald Trump. The outcome of the meeting will be announced on April 9, 2025, with a potential reduction in interest rates to address economic challenges. The decision is crucial amidst global market fears of recession and the impact of reciprocal tariffs, with the RBI likely to maintain an accommodative stance through successive rate cuts.
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Restore green cover or be ready for jail: Supreme Court to Telangana
Supreme Court of India NEW DELHI: The Supreme Court of India reprimanded the Telangana government for illegally felling trees and removing green cover from over 100 acres in Kancha Gachibowli forest, emphasizing the need for restoration or the potential jailing of senior officials. The court highlighted that any tree removal requires its permission and expressed concern for wildlife affected by the deforestation, demanding a revival plan within a month. Senior advocate Abhishek Manu Singhvi argued...
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