The Reserve Bank of India should defy the curve and cut rates
India's central bank needs to show foresight again and cut rates ahead of the US Federal Reserve to make money cheaper and revive private capital expenditure, which is necessary to sustain the post-pandemic growth revival amid fiscal constraints that could stay the government’s hand.
India's central bank needs to show foresight again and cut rates ahead of the US Federal Reserve to make money cheaper and revive private capital expenditure, which is necessary to sustain the post-pandemic growth revival amid fiscal constraints that could stay the government’s hand.