Back 06 Aug 2025

India's central bank keeps rates steady at 5.5% as Trump ratchets up tariff threats

Summary: The article describes India's central bank's decision to keep interest rates steady amidst rising tariff threats from the U.S. The move comes after the Reserve Bank of India delivered an outsized cut of 50 basis points at its last meeting. The article also highlights India's economic growth, which surpassed expectations, and the country's efforts to navigate rising tensions with the U.S.

Link: https://www.cnbc.com/2025/08/06/rbi-india-central-bank-repo-interest-rates-amid-trump-tariff-threats.html