"rate cut."

#12732661

8 Sep 2025

Air conditioner machines are seen at an electronics store in Kolkata, India, on September 8, 2025. The Goods and Services Tax (GST) Council approves a two-tier rate structure of 5% and 18%. Announcing the new GST reforms, union finance minister Nirmala Sitharaman says, ''We have reduced the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess.'' The revised rates take effect from September 22, bringing relief across a wide range of goods. Under the GST rate cut, most consumer electronics--such as air conditioners and televisions--shift from the old 28% slab down to 18% GST.

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#12732673

8 Sep 2025

Refrigerators are seen at an electronics store in Kolkata, India, on September 8, 2025. The Goods and Services Tax (GST) Council approves a two-tier rate structure of 5% and 18%. Announcing the new GST reforms, union finance minister Nirmala Sitharaman says, ''We have reduced the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess.'' The revised rates take effect from September 22, bringing relief across a wide range of goods. Under the GST rate cut, most consumer electronics--such as air conditioners and televisions--shift from the old 28% slab down to 18% GST.

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#12732675

8 Sep 2025

Smartphones are seen at an electronics store in Kolkata, India, on September 8, 2025. The Goods and Services Tax (GST) Council approves a two-tier rate structure of 5% and 18%. Announcing the new GST reforms, Union Finance Minister Nirmala Sitharaman says, ''We reduce the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess.'' The revised rates take effect from September 22, bringing relief across a wide range of goods. Under the GST rate cut, most consumer electronics--such as air conditioners and televisions--shift from the old 28% slab down to 18% GST.

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#12732681

8 Sep 2025

Smart TVs are seen at an electronics store in Kolkata, India, on September 8, 2025. The Goods and Services Tax (GST) Council approves a two-tier rate structure of 5% and 18%. Announcing the new GST reforms, Union Finance Minister Nirmala Sitharaman says, ''We have reduced the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess.'' The revised rates take effect from September 22, bringing relief across a wide range of goods. Under the GST rate cut, most consumer electronics--such as air conditioners and televisions--shift from the old 28% slab down to 18% GST.

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#12448022

6 Jun 2025

A live streaming screen of the Bombay Stock Exchange building in Mumbai, India, on June 6, 2025, shows that in a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448023

6 Jun 2025

A live streaming screen of the Bombay Stock Exchange building in Mumbai, India, on June 6, 2025, shows that in a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448025

6 Jun 2025

A live streaming screen of the Bombay Stock Exchange building in Mumbai, India, on June 6, 2025, shows that in a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448026

6 Jun 2025

A live streaming screen of the Bombay Stock Exchange building in Mumbai, India, on June 6, 2025, shows that in a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448027

6 Jun 2025

A live streaming screen of the Bombay Stock Exchange building in Mumbai, India, on June 6, 2025, shows that in a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448028

6 Jun 2025

The mirror reflects the Bombay Stock Exchange in Mumbai, India, on June 6, 2025. In a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448030

6 Jun 2025

The signage of the BSE (Bombay Stock Exchange) building is in Mumbai, India, on June 6, 2025. The Reserve Bank of India (RBI) cuts the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448037

6 Jun 2025

People sit in front of a loan advertisement board in Mumbai, India, on June 6, 2025. In a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448039

6 Jun 2025

A man counts Indian currency notes in Mumbai, India, on June 6, 2025. In a surprise move, the Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448032

6 Jun 2025

A generic view of the Reserve Bank of India headquarters building in Mumbai, India, on June 6, 2025. The Reserve Bank of India (RBI) cuts the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448035

6 Jun 2025

A man passes by the RBI rupee symbol selfie point near the Reserve Bank of India building in Mumbai, India, on June 6, 2025. The Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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#12448038

6 Jun 2025

A woman checks an umbrella near a marketplace in Mumbai, India, on June 6, 2025. The Reserve Bank of India (RBI) slashes the benchmark repo rate by 50 basis points to 5.5% during its second bi-monthly Monetary Policy Committee (MPC) meeting on June 6.

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