RBI Governor Advocates Interest Rate Cuts to Stimulate Private Consumption

Published

11 months ago

April 24, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has indicated that the recent reduction in the benchmark interest rate will enhance private consumption and foster a resurgence in private corporate investments. His comments were made during the vote for a 25 basis point reduction in the repo rate, which was supported by five other members of the rate-setting committee earlier this month, as outlined in the minutes from the Monetary Policy Committee (MPC) meeting published by the RBI on Wednesday.

Under Governor Malhotra’s leadership, the MPC lowered the short-term lending rate by 25 basis points to 6 percent on April 9, following a similar decrease in February.

“With consumer price inflation firmly hovering around the target rate of 4 percent and growth remaining moderate and on the path to recovery, it is essential for monetary policy to stimulate domestic demand to further accelerate growth momentum. This necessity is particularly vital given the uncertain global environment, which has heightened risks to growth,” the governor stated. He emphasized that an accommodative monetary policy will be important moving forward, considering the shifting dynamics of growth and inflation.

Significantly, recent liquidity-enhancing measures implemented by the RBI on Tuesday have propelled banking stocks to all-time highs, with the Bank Nifty index reaching a record 55,961 on April 22, marking a six-day rally fueled by increasing confidence in the banking sector.

Addressing the impact of global shocks, the governor remarked that the international economic scenario is currently volatile, characterized by increased trade and policy uncertainties. This situation poses considerable challenges and trade-offs for policymakers around the globe. “The ways in which these global disturbances may affect economies, especially emerging markets, include spillovers from a slowdown in global growth, increased volatility in financial markets, and diminished confidence among consumers and investors,” he explained.

The next MPC meeting is scheduled for June 4-6, 2025.

National

UP Teen Dies in Street Racing Crash In Lucknow

Published

6 hours ago

March 16, 2026

Namma Kudla

Uttar Pradesh: A 17-year-old Class 12 student died in a road accident during a street race in Lucknow, Uttar Pradesh, on Sunday.

The victim, Naitik Kumar, was riding a Royal Enfield Continental GT 650 with a group of bikers near Janeshwar Mishra Park. While racing, he suddenly lost control of his bike after hitting something on the road.

His bike crashed into a Honda Activa in front of him. He then fell onto a road divider and suffered serious head injuries.

The Activa slid across the road and hit another bike, a Kawasaki Ninja, which was moving at high speed. The Ninja rider was adjusting his action camera when the accident happened.

Naitik Kumar was rushed to a nearby hospital, but doctors declared him dead. Police said he was not wearing proper protective gear.

Two others involved in the accident suffered minor injuries. Police are checking CCTV footage to find the exact cause of the crash.

Health

Healthy Weight Loss Requires a Long-Term Approach

Published

7 hours ago

March 16, 2026

Namma Kudla

Health: Effective weight loss requires a steady and sustainable approach rather than strict dieting. Health experts recommend aiming to lose about 1 to 2 pounds per week. Eating whole foods such as vegetables, fruits, lean proteins, and whole grains can support healthy weight loss.

Experts advise reducing processed foods that are high in sugar, fat, and sodium. Drinking more water instead of sugary drinks can also help control calorie intake. People are encouraged to control portion sizes and avoid skipping meals to prevent overeating later.

Regular physical activity is also important. Adults should aim for at least 150 minutes of moderate exercise each week, such as brisk walking, cycling, or swimming. Strength training can help build muscle and improve metabolism.

Getting enough sleep and managing stress are also important for maintaining a healthy weight. Experts say setting small goals and tracking progress can help people stay motivated and focused on improving their overall health.

Videos

Husband Catches Wife with Lover in Hotel, Video Goes Viral

Published

7 hours ago

March 16, 2026

Namma Kudla

Uttar Pradesh: A shocking incident has been reported from Uttar Pradesh where a husband caught his wife with her alleged lover in a hotel room. The incident happened when the husband, along with the police, raided the lodge.

The woman was reportedly found with her lover inside the hotel room. The husband caught her red-handed during the raid. A video of the incident has gone viral on social media.

The husband, Akash Kumar, said he married Mahima Rani three years ago after they fell in love. According to him, their marriage was a love marriage and no dowry was given.

WATCH VIDEO :

However, the wife has accused her husband of dowry harassment. She claimed that her family spent about Rs.15 lakh on the wedding and also gave Rs.5 lakh as dowry.

Akash Kumar denied these allegations. He said that no money or dowry was taken from her family.

Earlier, when he questioned her about the suspected relationship, she had denied the allegations and promised that she had no affair. She had even told him that he was her “precious one.”

Later, the husband gathered evidence and went to the hotel with the police. During the raid, the woman was found with her lover.

The police are now looking into the matter and further investigation is underway.