MUMBAI: The Reserve Bank of India (RBI) is set to cut interest rates today for the third time this year as inflation has eased enough to allow the central bank to provide more help for an economy seen struggling with patchy economic growth.
India is the fastest-growing major economy in the world, outstripping China, but economists say the data is not consistent with other indicators showing slack in Asia’s third largest economy.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!