05:04⇢RBI Slashes Repo Rate to 6% Amid Tariff Storm
⌨The newspapers extensively report on the Reserve Bank of India's decision to cut the repo rate by 25 basis points to 6%, the second consecutive reduction (RBI, ABP Live, Dainik Bhaskar, Dinamalar, India Today, Jagran, Jansatta, Mathrubhumi, NDTV, The Hindu, Zee News). This move is expected to reduce EMIs on home and car loans, providing relief to borrowers. Several outlets note the timing coincides with Trump's tariffs taking effect, including the 104% levy on China and 26% on India (Firstpost, Times of India, NDTV). The Print reports that NIA officials have arrived in the US to take custody of 26/11 attack accused Tahawwur Rana.