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The Reserve Bank of India (RBI) anticipates more effective monetary policy transmission due to the increasing share of floating rate loans, which reached 75.7% in March 2025. Increased inter-bank liquidity, through measures like open market operations and CRR reductions, further supports faster transmission to financial and credit markets.
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Economics Editor Faisal Islam on what was really behind the big rebellion about the government's welfare reform bill, after the government confirmed it will make major concessions.
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The deal will give the UK motor industry preferential treatment and cut aerospace tariffs to zero.
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