NEW DELHI: The Federation of Indian Export Organisations (FIEO) welcomed the Reserve Bank of India’s decision to reduce the repo rate by 25 basis points, describing it as a timely and encouraging step that will enhance export competitiveness and ease liquidity constraints across the exporting community.

FIEO President, Mr S C Ralhan, lauded the move, noting that a reduction in borrowing costs comes at a crucial moment for Indian exporters navigating volatile global demand and fluctuating input prices. “We appreciate the RBI’s timely intervention. A 25 . . .