India, April 9 -- The Reserve Bank of India on Wednesdsay cut its key repo rate by 25 basis points to 6% - a second consecutive time to boost the sluggish economy, which is facing further pressure from US tariffs.

The Monetary Policy Committee (MPC) started reducing rates with a quarter-point reduction in February, its first cut since May 2020.

The new US tariffs on India threaten the central bank's GDP growth estimate of 6.7% for 2025-26 and the government's economic survey forecast of 6.3%-6.8%.

Published by HT Digital Content Services with permission from Hindustan Times....