MUMBAI -- The Reserve Bank of India on Wednesday cut its key policy rate for a second consecutive time, opting to support economic growth as cooling inflation provides room for dovish actions and as U.S.-fueled tariff pain looms.
Markets
India's central bank cuts rates again as inflation slows
Reserve Bank of India becomes the first in Asia to tweak policy amid Trump turmoil
Inflation in India cooled to a seven-month low of 3.61% in February while economic growth slowed. (Photo by Ken Kobayashi)
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