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India’s July-September GDP growth slides: what options does RBI have? | Business Matters
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Economic growth fell sharply to 5.4% for the quarter ended September.
The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been expecting it to do for a while so that lower borrowing costs may spur growth?
Or will the latest inflation print of a high 6.2% force its hand to maintain status?
Presentation and direction: K. Bharat Kumar
Video: Thamodharan B.
Editing: Shibu Narayan
The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been expecting it to do for a while so that lower borrowing costs may spur growth?
Or will the latest inflation print of a high 6.2% force its hand to maintain status?
Presentation and direction: K. Bharat Kumar
Video: Thamodharan B.
Editing: Shibu Narayan
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