Business Today
And the rbi doesn't have compulsions, too. like other global central banks, such as in europe and canada, that are dealing with slower economic growth and have moved on to cut rates. as inflation eased. india reported an 8% plus economic expansion in the last fiscal. projections are it will grow at near 7% in the coming quarters, giving rbi enough room. besides, the new government is yet to take over, likely narendra modi in a rare third term. but his party will need allies to form the government. now, larger reforms are expected to slow down, and economists feel an alliance could push the gov...
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