<ul><li>The Reserve Bank of India cut its benchmark repo rate by 25 basis points to 6%.</li><li>Industry bodies welcomed the move, stating it would help shield the Indian economy from external shocks and support domestic economic growth.</li><li>The rate cut and shift in monetary policy stance from 'neutral' to 'accommodative' are seen as positive measures.</li><li>The rate cut will provide a cushion against ongoing trade tensions and support domestic economic growth.</li></ul>

RBI's Rate Cut To Cushion Economy Amidst Global Turmoil: India Inc

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