Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI may cut interest rate by 25 bps on Friday, say experts
Update / Judgement Date
03 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Following the Union Budget 2025, experts predict that the Reserve Bank of India (RBI) may cut interest rates by 25 basis points. This potential rate cut would be aimed at providing further stimulus to the economy, especially considering the challenges posed by inflation. The move is expected to ease borrowing costs for businesses and consumers, boosting investment and consumption. The RBI’s decision will depend on the macroeconomic factors at the time, particularly retail inflation and economic growth indicators.