THE Reserve Bank of India (RBI) cutting its key repo rate by 50 basis points to 5.5 per cent is twice the reduction the markets had anticipated. That the surprise move comes amid global uncertainty and trade war worries marks a policy pivot to revive demand and stimulate credit. The monetary policy committee, led by RBI Governor Sanjay Malhotra, has now cut rates by 100 basis points this year. Sectors like housing, auto and real estate are set to gain from improved affordability. Softening of interest rates is expected to significantly increase buyer confidence, as the EMIs or the tenure of the home loan will come down. Lower borrowing costs could benefit households and businesses alike, spurring a consumption-led recovery.
- States
- Punjab
- Haryana
- Himachal Pradesh
- Jammu & Kashmir
- Uttarakhand
- Uttar Pradesh
- Rajasthan
- Madhya Pradesh
- Chhattisgarh
- Classifieds
- Grooms Wanted
- property for sale
- Situation Vacant
- Tolet
- Education
- Other Classifieds
- Remembering B N Goswamy
- Remembering Nehru
- Reach us
- The Tribune Epaper
- The Tribune App - Android
- The Tribune App - iOS
- Punjabi Tribune online
- Punjabi Tribune Epaper
- Punjabi Tribune App - Android
- Punjabi Tribune App - iOS
- Dainik Tribune online
- Dainik Tribune Epaper
- Dainik Tribune App - Android
- Dainik Tribune App - ios
- Subscribe Print Edition
- Contact Us
- About Us
- Code of Ethics
- Advertise with usClassifieds
- Quick Links
- Home
- India
- World
- Sport
- Business
- Features
- Diaspora
- Coronavirus
- Trending
- Latest News
- states
- Punjab
- Haryana
- Himachal
- J & K
- Uttarakhand
- Uttar Pradesh
- Rajasthan
- Madhya Pradesh
- Chhattisgarh
- Cities
- Amritsar
- Bathinda
- Chandigarh
- Delhi
- Jalandhar
- Ludhiana
- Patiala
- Shaharnama
- Opinion
- Editorials
- Comment
- Musings
- Letters to the Editor
- Tribune Defence
- Life
- Lifestyle
- Entertainment
- Movie Reviews
- Pollywood
- Arts
- Book Reviews
- Photo Gallery
- Move Ahead
- Jobs & Careers
- Health
- Schools
- Technology
- Code of Ethics
- Partner Exclusives
- Games
- Classified
- Brides wanted
- Grooms Wanted
- Property For Sale
- Situation Vacant
- Tolet
- Education
- other Classifieds
- Book Classifieds
- Remembering B N Goswamy
- Remembering Nehru
- Reach US
- About us
- Contact Us
- Subscribe Print Edition
Unlock Premium Insights in This Article
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Already a Member? Sign In Now
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.
The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.
The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).
- States
- Punjab
- Haryana
- Himachal Pradesh
- Jammu & Kashmir
- Uttarakhand
- Uttar Pradesh
- Rajasthan
- Madhya Pradesh
- Chhattisgarh
- Classifieds
- Grooms Wanted
- property for sale
- Situation Vacant
- Tolet
- Education
- Other Classifieds
- Remembering B N Goswamy
- Remembering Nehru
- Reach us
- The Tribune Epaper
- The Tribune App - Android
- The Tribune App - iOS
- Punjabi Tribune online
- Punjabi Tribune Epaper
- Punjabi Tribune App - Android
- Punjabi Tribune App - iOS
- Dainik Tribune online
- Dainik Tribune Epaper
- Dainik Tribune App - Android
- Dainik Tribune App - ios
- Subscribe Print Edition
- Contact Us
- About Us
- Code of Ethics