India's economic growth slumped to a seven-quarter low of 5.4% in Q2, against the RBI's estimate of 7%, thanks to slowing ...

Since April 2022, RBI's monetary policy has advanced smoothly, but recent GDP data reveals a significant slowdown. The government suggests a lower policy rate, leading to discussions on the necessity ...

Elevated inflation makes a December rate cut unlikely, but there could be an explicit acknowledgement that growth needs support, too, Citi said.