AFP Asia Business

India central bank cuts interest rates as Trump tariffs kick in

India’s central bank cut interest rates in the world’s fifth-largest economy on Wednesday as US President Donald Trump’s tariffs kicked in and policymakers warned of “challenging global economic conditions”.The cut, the second this year, aims to boost a slowing economy grappling with the impact Trump’s sweeping tariffs.The Reserve Bank of India (RBI) said the benchmark …

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