India's central bank is expected to cut interest rates this week for the first time in nine months in response to the government's recent economic reforms and slowing inflation, economists say.
With inflation at a three-year low and a flurry of new measures to ease investment rules, now is seen as the right time for the bank to focus on pulling the economy out of its worst growth slump in a decade.
via Business feed http://www.scmp.com/business/economy/article/1137511/india-course-cut-rates-week
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