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RBI finally bites the bullet and cuts rate but sees growth tending even lower

New Delhi, Feb. 7 -- The Reserve Bank of India's monetary policy committee on Friday unanimously cut the repo rate by 25 basis points to 6.25%-the first in nearly five years-chiefly to take advantage ... Read More


RBI bites the bullet and cuts rate but red-flags global pressures on growth

New Delhi, Feb. 7 -- The Reserve Bank of India's monetary policy committee on Friday unanimously cut the repo rate by 25 basis points to 6.25%-the first in nearly five years-chiefly to take advantage ... Read More