India cuts key interest rate for first time since 2020 amid slowing growth
1 month, 2 weeks ago

India cuts key interest rate for first time since 2020 amid slowing growth

Al Jazeera  

Reserve Bank of India announces first rate cut in nearly five years as world’s most populous nation faces slowdown. India’s central bank has cut its benchmark interest rate for the first time in nearly five years as officials try to reverse slowing economic growth in the world’s most populous country. The RBI last cut the key interest rate in May 2020, after which it rolled out a series of hikes aimed at tamping down rising inflation in the wake of the COVID-19 pandemic. The government of Prime Minister Narendra Modi has forecast growth of 6.4 percent for the fiscal year 2024/25, which would be the weakest performance since 2020 when COVID-19 upended the global economy.

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History of this topic

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report
1 week, 1 day ago

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report

ABP News  

SBI Research's Ecowrap forecasts a 75-basis-point rate cut for this fiscal year. CPI Inflation India's consumer price index inflation fell to a seven-month low of 3.6 per cent in February 2025, primarily due to a significant drop in food prices. Despite the overall inflation slowdown, imported inflation has surged, rising from 1.3 per cent in June 2024 to 31.1 per …

Kaushik Das: Expect another RBI rate cut in support of economic growth
3 weeks ago

Kaushik Das: Expect another RBI rate cut in support of economic growth

Live Mint  

In a widely anticipated move to balance the objectives of growth and inflation, the Reserve Bank of India reduced its repo rate by 25 basis points to 6.25% at the 7 February meeting of its Monetary Policy Committee, which voted unanimously for this cut. Looking ahead, RBI is expected to deliver another 25-bps rate cut in its April policy review, …

These 3 banks slash loan interest rates after RBI's repo rate cut
1 month ago

These 3 banks slash loan interest rates after RBI's repo rate cut

India Today  

Following the Reserve Bank of India’s latest repo rate cut, several government banks across the country have reduced their interest rates. BANK OF MAHARASHTRA Bank of Maharashtra has reduced its interest rates on retail loans by 25 bps, including home loans and car loans. The bank is offering car loans with a starting interest rate of 8.50 per cent per …

India’s Economic Growth Set to Pick Up Pace, RBI Says
1 month ago

India’s Economic Growth Set to Pick Up Pace, RBI Says

Live Mint  

-- India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and tax relief, the Reserve Bank of India said in its monthly bulletin. According to the RBI report, robust monsoon-sown crop and better winter sowing, along with higher reservoir levels, “augur well for food inflation going forward.” But uncertainty in global …

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin
1 month ago

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin

Live Mint  

The Indian economy will likely get a boost from the pick-up in rural demand and the income tax relief announced in the Union Budget 2025, which is expected to support urban consumption amid interest rate cuts. The Reserve Bank of India highlighted in its monthly economic bulletin on Wednesday, February 19, that India's urban consumption is “poised for a recovery.” …

Australian central bank cuts benchmark interest rate for the first time since October 2020
1 month ago

Australian central bank cuts benchmark interest rate for the first time since October 2020

Associated Press  

MELBOURNE, Australia — Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. “Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance,” the board said in a statement. “Some other central banks …

Reserve Bank cuts interest rates for the first time since November 2020
1 month ago

Reserve Bank cuts interest rates for the first time since November 2020

ABC  

The Reserve Bank of Australia has cut interest rates for the first time since November 2020. RBA governor Michele Bullock noted that the rise in interest rates from the "emergency lows" of the pandemic had meant households with home loans were hurting, but argued high inflation caused more pain. At the post-meeting press conference, Ms Bullock said she couldn't confirm …

Repo rate relief? Big surprise for big business as banks dither on lowering lending rates
1 month, 1 week ago

Repo rate relief? Big surprise for big business as banks dither on lowering lending rates

Live Mint  

Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. The development comes on the back of the first repo rate cut this month by the Reserve Bank of India in five years—of 25 basis points —and the central government’s reported hawk-eye on banks to follow suit on …

Home, Car Loans Get Cheaper as Banks Cut Lending Rates
1 month, 1 week ago

Home, Car Loans Get Cheaper as Banks Cut Lending Rates

Deccan Chronicle  

Mumbai: The Equated monthly instalments on your home, car, education and personal loan is set to reduce as several banks have announced their decision to cut lending rates for retail borrowers after the Reserve Bank of India cut the repo rate after a gap of nearly five years. Repo rate, the rate at which the central bank lends short term …

RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates
1 month, 1 week ago

RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates

India TV News  

The Reserve Bank of India cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. A few banks may make a move, but most will likely wait until the next quarter before deciding on deposit rate cuts," he said. RBI’s rate cut and its …

What Does RBI's Rate Cut Mean For Existing And New Home Buyers?
1 month, 1 week ago

What Does RBI's Rate Cut Mean For Existing And New Home Buyers?

ABP News  

With the RBI announcing its first repo rate cut in nearly five years, homeowners can expect lower home loan interest rates. For Existing Borrowers Existing borrowers fall into three categories: Fixed or Floating Rates: Over 90 per cent of Indian homeowners have floating rate loans, which adjust with repo rate changes. Pre- or Post-2019 Loans: Borrowers who took floating rate …

RBI’s first rate cut in five years is small but can be effective
1 month, 2 weeks ago

RBI’s first rate cut in five years is small but can be effective

Live Mint  

Last week’s monetary policy meeting has several firsts to its credit: It was the first of 2025, the first under a new governor of the Reserve Bank of India, the first since Donald Trump became US president, and the first in five years to cut the repo rate. The result is that the RBI’s operational target—the call money rate, or …

Despite RBI's rate cut, spurring GDP growth is an uphill task
1 month, 2 weeks ago

Despite RBI's rate cut, spurring GDP growth is an uphill task

Live Mint  

The interest charged on loans is the most important price in an economy. Inflation held on a tight rein, RBI’s explicit mandate since 2016, is aimed not just at public relief on the cost of living, vital in itself, but also at easing the cost of capital: it lessens the risk of lenders being repaid less in real terms because …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?
1 month, 2 weeks ago

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?

Live Mint  

The Reserve Bank of India Governor Sanjay Malhotra said on Saturday, February 8, that the central bank aims to make India more investor-friendly, and the rates cuts are set to support growth and consumption in the nation, PTI reported. The Reserve Bank of India on February 7 announced a 25-basis-points rate cut to 6.25 per cent, to fuel the growth …

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption
1 month, 2 weeks ago

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption

India Today  

The Reserve Bank of India, in its first rate cut in nearly five years, has lowered the repo rate by 25 basis points to 6.25 per cent. We expect the MPC to cut another 75-100 basis points off the policy rate next fiscal,” said Joshi. Many experts had predicted that the MPC, chaired by new RBI governor Sanjay Malhotra, would …

DC Edit | RBI focuses on growth, takes a calculated risk
1 month, 2 weeks ago

DC Edit | RBI focuses on growth, takes a calculated risk

Deccan Chronicle  

With global uncertainties making India’s growth trajectory unclear, the Reserve Bank of India appears to have concentrated its focus on boosting growth rate under its new governor Sanjay Malhotra. As part of this agenda, the RBI led Monetary Policy Committee slashed repo rate by 25 basis points to 6.25 per cent. Malhotra, who is a career bureaucrat like Shaktikanta Das, …

RBI joins major central banks in easing monetary policy
1 month, 2 weeks ago

RBI joins major central banks in easing monetary policy

Deccan Chronicle  

Chennai: By lowering interest rates after a gap of five years, RBI has joined the leading central banks who have loosened their monetary policies for the sake of economic growth. The Bank of England cut its key interest rate by 25 basis points to 4.5 per cent and Bank of Mexico made a cut of 50 bps to 9.5 per …

RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here’s what it means for the Indian economy
Trending News
1 month, 2 weeks ago

RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here’s what it means for the Indian economy

Live Mint  

The Monetary Policy Committee of the Reserve Bank of India, led by Governor Sanjay Malhotra, has proposed a new repo rate of 6.25%. "Since the budget has proposed measures to propel domestic consumption and higher government capex, this rate reduction from RBI would further support growth," industry lobby grouping IBA's chairman M V Rao said in a statement. "Though additional …

RBI MPC’s rate cut: A steady debut
Trending News
1 month, 2 weeks ago

RBI MPC’s rate cut: A steady debut

Live Mint  

The Reserve Ban of India’s monetary policy committee today unanimously voted in favour of cutting the repo rate by 25 basis points to 6.25%, the first rate cut since May 2020. The RBI also announced multiple liquidity measures, injecting more than ₹1.5 trillion of liquidity, which helped bring call rates close to the repo rate. The key consideration for today's …

RBI rate-cutting cycle begins; are personal loan interest rates headed for fall?
1 month, 2 weeks ago

RBI rate-cutting cycle begins; are personal loan interest rates headed for fall?

Live Mint  

With the Reserve Bank of India slashing the repo rate by 25 basis points to 6.25 per cent, interest rates on fresh loans are likely to decline. With short-term funding available cheaply to banks, personal loans to retail borrowers could The 25 basis point cut in the repo rate is seen as the start of a rate cut cycle. However, …

RBI kicks off rate cut cycle—what it means for borrowers and markets
1 month, 2 weeks ago

RBI kicks off rate cut cycle—what it means for borrowers and markets

Live Mint  

The long-awaited policy rate easing by the Reserve Bank of India is finally here. Meanwhile, GDP growth, at 5.4% in the July–September 2024 quarter, is estimated at 6.5% for the full fiscal year—below India’s potential growth rate, warranting monetary support. The RBI is also introducing forward contracts in government securities, enabling long-term investors like insurance funds to better manage interest …

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
1 month, 2 weeks ago

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc

The Hindu  

India Inc. welcomed the Reserve Bank of India’s move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced in the last week’s Budget, providing much-needed support to the economy. Industry bodies were of the view that the Reserve Bank's 25 basis points rate …

RBI eases burden for home loan borrowers with 25 basis points repo rate cut
1 month, 2 weeks ago

RBI eases burden for home loan borrowers with 25 basis points repo rate cut

Hindustan Times  

Following Budget 2025, where the finance minister announced zero income tax for salaries up to ₹12 lakh, the RBI cut the repo rate by 25 bps to 6.25% on February 7, bringing much-needed relief for home loan borrowers. The RBI rate cut will help improve loan affordability and boost housing demand It is to be noted that the RBI increased …

RBI Slashes Repo Rate By 25 Bps; Here’s How Much You Will Save On Your Home Loan
1 month, 2 weeks ago

RBI Slashes Repo Rate By 25 Bps; Here’s How Much You Will Save On Your Home Loan

ABP News  

In a significant step to boost economic growth, the Reserve Bank of India has slashed the repo rate by 25 basis points, reducing it from 6.5 per cent to 6.25 per cent, in its first monetary policy review of the calendar year. A 25-basis point reduction in interest rates means home loan borrowers can either opt for lower EMIs or …

RBI cuts repo rate after 5 years. Experts turn bullish on these stocks, sectors & assets
1 month, 2 weeks ago

RBI cuts repo rate after 5 years. Experts turn bullish on these stocks, sectors & assets

Live Mint  

RBI Monetary Policy: In line with market expectations, the Reserve Bank of India’s Monetary Policy Committee cut the repo rate by 25 basis points to 6.25 per cent, marking the first rate reduction in nearly five years. The central bank last reduced the repo rate in May 2020, when it cut rates by 40 basis points to 4 per cent …

RBI MPC: CREDAI Says Repo Rate Cut Might Have 'Limited Direct Impact'; Here's Why
Top News
1 month, 2 weeks ago

RBI MPC: CREDAI Says Repo Rate Cut Might Have 'Limited Direct Impact'; Here's Why

ABP News  

The Confederation of Real Estate Developers' Associations of India on Friday stated that the RBI's decision to cut the benchmark lending rate by 25 basis points might have a "limited direct impact." CREDAI noted that while a reduction in the repo rate could potentially lower home loan interest rates, the actual impact would depend on whether banks pass on the …

RBI MPC slashes repo rate after 5 years. Is another cut likely this year? Experts answer
1 month, 2 weeks ago

RBI MPC slashes repo rate after 5 years. Is another cut likely this year? Experts answer

Live Mint  

RBI monetary policy: The Reserve Bank of India announced a 25-basis-point reduction in the repo rate, bringing it down to 6.25 per cent from 6.5 per cent. This marked the first rate cut in nearly five years, with the last reduction occurring in May 2020 when the repo rate was slashed to 4 per cent. Expert Reactions Here's how experts …

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
1 month, 2 weeks ago

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers

Live Mint  

Mumbai: The Reserve Bank of India’s monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked …

RBI cuts policy rate by 25 bps to 6.25 pc, first reduction in five years
1 month, 2 weeks ago

RBI cuts policy rate by 25 bps to 6.25 pc, first reduction in five years

Deccan Chronicle  

Mumbai: The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The Monetary Policy Committee unanimously decided to slash …

RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down
1 month, 2 weeks ago

RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down

Firstpost  

The central bank’s Monetary Policy Committee reduced the repo rate by 25 basis points to 6.25 per cent, after having kept it unchanged for eleven straight meetings The RBI's MPC has cut the benchmark lending rates in the country after a long wait of nearly 5 years. PTI The Reserve Bank of India has cut interest rates for the first …

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
1 month, 2 weeks ago

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways

Live Mint  

RBI Monetary Policy: In line with market expectations, the Reserve Bank of India Monetary Policy Committee decided to cut the repo rate by 25 bps for the first time in nearly five years and keep the monetary stance "neutral." “The MPC decided unanimously to reduce the policy repo rate by 25 basis points from 6.50 per cent to 6.25 per …

RBI bites the bullet and cuts rate but red-flags global pressures on growth
1 month, 2 weeks ago

RBI bites the bullet and cuts rate but red-flags global pressures on growth

Live Mint  

Mumbai: The Reserve Bank of India’s monetary policy committee on Friday unanimously cut the repo rate by 25 basis points to 6.25%—the first in nearly five years—chiefly to take advantage of easing inflation to spur economic growth. In his first monetary policy review since taking charge in December, RBI governor Sanjay Malhotra said the MPC will continue to remain watchful, …

RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate
1 month, 2 weeks ago

RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate

Live Mint  

RBI monetary policy: The Monetary Policy Committee of the Reserve Bank of India is deliberating on interest rates amid heightened uncertainty. However, some experts believe the central bank will consider other options to address the challenge of tighter liquidity and delay the rate cut until the next policy meeting in April. Bank of Baroda Experts at Bank of Baroda believe …

RBI reduces key lending rate by 25 basis points to 6.25%
1 month, 2 weeks ago

RBI reduces key lending rate by 25 basis points to 6.25%

India Today  

The Reserve Bank of India’s Monetary Policy Committee announced a rate cut by 25 basis points to 6.25% on Friday under the leadership of newly appointed Governor Sanjay Malhotra. After assessing the current and evolving macroeconomic situation, the MPC unanimously decided to reduce the policy repo rate under the liquidity adjustment facility by 25 basis points to 6.25 per cent …

Why a rate cut by RBI will be big news
1 month, 2 weeks ago

Why a rate cut by RBI will be big news

Firstpost  

The RBI MPC is expected to announce that it is slashing the repo rate in the country by 25 basis points. This is expected to be a big deal for several reasons, including due to the time gap from the last rate cut RBI MPC is expected to announce a rate cut for the first time in nearly five years …

RBI monetary policy: Why Governor Sanjay Malhotra may not linger on a rate cut decision. EXPLAINED
1 month, 2 weeks ago

RBI monetary policy: Why Governor Sanjay Malhotra may not linger on a rate cut decision. EXPLAINED

Live Mint  

RBI monetary policy: As Budget 2025 showcased the government's focused intent on fiscal consolidation and measures to boost consumption and economic growth, all eyes are on the Reserve Bank of India to play its role in reviving the country's faltering economic growth. Falling for the third consecutive quarter, India's Q2FY25 GDP growth rate came at 5.4 per cent, the lowest …

Analysts see 25 bps policy rate reduction by RBI panel
1 month, 2 weeks ago

Analysts see 25 bps policy rate reduction by RBI panel

New Indian Express  

The MPC meeting comes amid falling rupee, which has lost over 3% since the December meeting, and tight liquidity conditions despite the central bank infusing close to `5 lakh crore since January via a slew of measures like VRR rupee-dollar swaps and OMOs. “The rate-cut cycle is likely to be shallow given global uncertainties, a neutral stance offers the MPC …

RBI May Deliver a Rate Cut After Five Years
1 month, 2 weeks ago

RBI May Deliver a Rate Cut After Five Years

Deccan Chronicle  

Mumbai: With the government unveiling a growth-supportive budget focused on fiscal prudence, all eyes are now on the Reserve Bank of India’s Monetary Policy Committee decision, scheduled for Friday. Economists widely expect the MPC to cut the repo rate—the rate at which RBI lends to banks—by 25 basis points to 6.25% in the upcoming meeting from February 5 to 7. …

RBI starts interest rate deliberations amid expectations of 25-bps cut
1 month, 2 weeks ago

RBI starts interest rate deliberations amid expectations of 25-bps cut

Hindustan Times  

Days after the Union Budget, the Reserve Bank of India on Wednesday started deliberations on the monetary policy amid expectations of a 25 basis-points rate cut, which will be the first in five years, as inflation remains within central bank's comfort zone, though the sliding rupee continues to be a concern. Pradeep Aggarwal, founder and chairman, Signature Global opined that …

RBI starts deliberations on interest rate amid expectations of 25-bps cut
Trending News
1 month, 2 weeks ago

RBI starts deliberations on interest rate amid expectations of 25-bps cut

Live Mint  

Mumbai, Feb 5 Days after the Union Budget, the Reserve Bank of India on Wednesday started deliberations on the monetary policy amid expectations of a 25 basis-points rate cut, which will be the first in five years, as inflation remains within central bank's comfort zone, though the sliding rupee continues to be a concern. Pradeep Aggarwal, founder and chairman, Signature …

Is RBI poised to cut repo rate for first time in five years under new Governor Sanjay Malhotra?
Top News
1 month, 2 weeks ago

Is RBI poised to cut repo rate for first time in five years under new Governor Sanjay Malhotra?

Live Mint  

The Reserve Bank of India’s Monetary Policy Committee is expected to cut the repo rate for the first time in nearly five years in its upcoming meeting scheduled from February 5 to 7. Market experts see RBI delivering a 25 bps rate cut and believe the decision will be influenced by the government’s growth-oriented policies and easing inflation concerns. During …

Budget done. Over to RBI now.
1 month, 3 weeks ago

Budget done. Over to RBI now.

Live Mint  

Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India's court to deliver the last-mile push to growth with a rate cut next week. Rate cut expectations rise Economists expect RBI to cut the repo rate by 25 basis points on 7 February when the Monetary Policy Committee completes its …

Rate cut chances increase after inflation slows in final quarter of 2024
1 month, 3 weeks ago

Rate cut chances increase after inflation slows in final quarter of 2024

ABC  

The odds of an interest rate cut next month have increased, with official figures showing the Reserve Bank of Australia's preferred measure of inflation fell to 3.2 per cent over the year to December. The more volatile headline inflation figure came in at 0.2 per cent for the December quarter and 2.4 per cent for the year, down from a …

RBI’s liquidity steps raise hopes for a rate cut next week
1 month, 3 weeks ago

RBI’s liquidity steps raise hopes for a rate cut next week

Live Mint  

Mumbai: Relief arrived for India's parched banking system on Monday as the central bank rolled out measures to pump up liquidity, setting the stage for a potential interest rate cut next week. Bankers and economists said these measures will help relieve the current liquidity shortage and set the stage for a repo rate cut next week. The liquidity-easing measures also …

How the Indian economy can be kept on fast track
2 months ago

How the Indian economy can be kept on fast track

India Today  

Gobal economic growth in the calendar year 2025 is currently projected to be unchanged from CY2024 at 3.2 per cent. In a normal year, the Union government incurs around 62 per cent of its full-year fiscal deficit in the first six months of a fiscal year. These steps, if undertaken quickly, can bring growth back to the potential growth rate …

Delaying cuts will lead to more growth sacrifice; RBI must deliver 0.25 pc reduction in Feb review
2 months, 1 week ago

Delaying cuts will lead to more growth sacrifice; RBI must deliver 0.25 pc reduction in Feb review

Live Mint  

Mumbai, Jan 14 The RBI must start a rate cut cycle with a 0.25 per cent reduction in key rates at the next policy review in February, a German brokerage said on Tuesday. Delaying rate cuts will only lead to more sacrifice on growth, analysts at Deutsche Bank said, adding that the RBI also risks falling behind the curve if …

India’s benchmark indexes set for a muted start
2 months, 2 weeks ago

India’s benchmark indexes set for a muted start

Live Mint  

- India's benchmark indexes are set for a muted start on Wednesday, tracking other Asian peers, after upbeat U.S. data pointed to a strong economy and bolstered the case for fewer rate cuts from the Federal Reserve. Wall Street equities closed lower overnight after data showed that U.S. services sector activity accelerated in December, while job openings increased in November. …

India’s economy projected to grow 6.4% in FY25, the slowest in four years
2 months, 2 weeks ago

India’s economy projected to grow 6.4% in FY25, the slowest in four years

Hindustan Times  

The Indian economy is projected to grow at its slowest pace in four years in the 2024-25 financial year on the back of weaker consumption and muted exports, with pressure building on the Reserve Bank of India to cut interest rates. Real or inflation-adjusted gross domestic product rose 6.4% in the 2025 fiscal, according to the first advance estimates released …

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