TODAY'S TOP STORIES

RBI Keeps Repo Rate Unchanged As Inflation Moderates

The Reserve Bank of India decided to leave its benchmark interest rates unchanged for the second straight meeting on Thursday as inflation moderated further and previous rate hikes are set to keep inflationary pressures contained over months ahead.

The six-member Monetary Policy Committee, led by the RBI Governor Shaktikanta Das, unanimously voted to hold the repo rate at 6.50 percent, as widely expected.

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by Renju Jaya

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