India's 'aam aadmi' gets more than tax cuts thanks to Malhotra & co

RBI MPC rate cute: The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing financial pressure on households. Lower EMIs and tax relief from the Union Budget provide middle-class Indians with extra disposable income, potentially increasing spending in real estate, automobiles, and retail sectors.