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India finally lowers key interest rate

The Reserve Bank of India (RBI) has been pressured to lower key interest rate from 8% to 7.75%. The Bank was refusing to cut interest rate in order to make sure to keep inflation in check. Amid the slowing of

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India’s surprising industrial output fall

India reported a 0.4% fall from a year earlier in its industrial output in September- a surprise to most analysts who had projected a rise of 2.8%. The weak data has once again raised calls for policymakers to boost stimulus

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India Central Bank Cutting Cash Reserve Ratio to Boost Lending

In a bid to boost lending and revive domestic demand, the Reserve Bank of India (RBI) lowered the amount of money that banks need to keep in reserves, cutting the Cash Reserve Ratio (CRR) by 25 basis points to 4.5%.

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India’s Outlook Downgraded by Fitch

Ratings agency Fitch lowered India’s outlook, given the country’s deteriorated economic growth. The agency finds India’s economy facing “heightened risks” due to structural challenges in its investment climate in the form of corruption and inadequate economic reforms. The government has

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