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India’s central bank cuts policy rate by 25 basis points to 6% to boost slowing growth

  • India's central bank has lowered its repo rate from 6.25% to 6% for the second time in 2025 to support the economy affected by US tariffs.
  • The Reserve Bank of India revised its GDP growth forecast to 6.5% from 6.7%, citing a weaker economic outlook.
  • RBI Governor Sanjay Malhotra stated that the tariffs have made it difficult to quantify their exact impact on growth.
  • Economists expect India's growth to be 6.3% for the fiscal year 2026, as per Sakshi Gupta from HDFC Bank.
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U.S. News broke the news in New York, United States on Wednesday, April 9, 2025.
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