All articles tagged with #india economy
India's central bank, RBI, has cut interest rates by 0.5% to 5.5%, the lowest in three years, to stimulate growth amid falling inflation and lower economic expansion, while maintaining a neutral stance for future policy adjustments.
India's Reserve Bank unexpectedly cut interest rates by 50 basis points and reduced the cash reserve ratio to stimulate growth amid global risks and slowing economic expansion, signaling limited room for further easing and aiming to support domestic demand and credit growth.
U.S. stocks face a shortened trading day post-Thanksgiving, with markets previously dipping as investors reduced tech holdings. Despite this, the Dow and S&P 500 remain near record highs. The Federal Reserve's meeting minutes suggest a gradual interest rate cut if inflation continues to moderate. Meanwhile, India's economic growth has slowed, and Elon Musk and Vivek Ramaswamy are set to discuss government efficiency reforms with Republican leaders.