Given that inflation is around 5%, high interest rates could make the Indian economy sluggish, Finance Minister Arun Jaitley said
Declining inflation and negative industrial outlook have strengthened a case for RBI cutting interest rate in its first bi-monthly monetary policy for 2016-17 on April 5
Indices jump 1.3% each, extend monthly advance to 9.1%
Declining inflation and a negative industrial outlook have strengthened the case for RBI to cut interest rate
In a Reuters poll, many economists said a cut was unlikely before next month's policy review on April 5