India seen making sixth interest rate cut, but no cure for economy's ills

Published: 3/12/2019
India seen making sixth interest rate cut, but no cure for economy's ills
Source: NEWS.YAHOO.COM

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but the Reserve Bank of India (RBI) is expected to make its sixth cut on Thursday to give what little relief it can. The gross domestic product numbers released on Friday showed government spending helping to prop up weak demand, but private investment growth had

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