RBI Slashes Interest Rates Amid Global Trade Tensions and Economic Slowdown
In response to a challenging global economic environment and a series of unsettling trade tensions, India’s central bank, the Reserve Bank of India (RBI), has announced a 0.25% reduction in interest rates. This move comes after Donald Trump’s tariff announcements have put the brakes on global trade, particularly affecting India’s growth prospects. Let’s break down … Read more