India’s central bank has once again stepped in with a measured response to the growing economic uncertainty by cutting the repo rate by 25 basis points, bringing it down to 6 per cent. While this move may appear modest on the surface, it signals a strategic shift in the Reserve Bank of India’s stance ~ from “neutral” to “accommodative” ~ indicating a willingness to use more tools to support growth amid global headwinds. This cut comes at a time when India’s economy, though still the fastest-growing among major economies, is losing steam.

The downward revision of GDP growth projections to 6.5 per cent is telling. Just a year ago, the economy was growing at over 9 per cent. The slide may not be dramatic in statistical terms, but the implications are significant, especially when compounded by the fallout from escalating global trade tensions. The renewed tariff offensive ~ though temporarily paused ~ by the United States, this........

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