India's central bank has cut the key policy rate by 25 basis points to 5.25%, in line with estimates. Industrial output, PMI and export declines underscore cooling momentum as tariffs weigh on demand.
Reserve Bank of India Governor Sanjay Malhotra said India is likely to remain in a prolonged period of low policy rates as ...
Indian bond yields climbed to a nine-month high as traders pared expectations of further interest-rate cuts and as concerns ...