Since February 2025, the RBI has reduced the policy rate by 125 basis points. In its previous policy review in December, it had trimmed the repo rate by 25 basis points to 5.25%
The Calcutta-based company, which has a wide spectrum of business spanning cigarette, foods, personal care, paper and agriculture, sought from the high court an injunction restraining Britannia from manufacturing and selling the competing product, among others