Companies will benefit from cheaper working capital and investment loans, potentially encouraging capital expenditure to pick up. The consumer segment could see a faster uptick because of increased affordability of home loans, automobile debt and personal credit

xThe Reserve Bank of India-led Monetary Policy Committee (MPC) has reduced the policy repo rate by 25 basis points to 5.25 per cent — the lowest since August 2022. At a time when global economic conditions remain clouded with uncertainty, protectionism and volatile commodity prices, the move marks an attempt to support India’s economic growth.

The rate cut comes on the back of exceptionally conducive macroeconomic conditions, which RBI governor Sanjay Malhotra most fittingly dubbed a “Goldilocks period”. Inflation in the second q

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