The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% due to uncertainties from the Middle East conflict, providing relief to EMI payers. However, GDP growth forecasts have been trimmed from 6.9% to 6.6%, and retail inflation is expected to rise above 5%. To boost foreign investment, the RBI has removed long-term capital gains tax on government securities for foreign investors and increased investment limits for NRIs.
https://sambad.in/india-and-beyond/rising-inflation-slowing-growth-reserve-bank-keeps-interest-rates-unchanged-wont-increase-emis-12003732 #creator program


