India Implements Stimulus Measures to Combat Economic Slowdown

Reported about 5 hours ago

Prime Minister Narendra Modi is implementing a dual stimulus approach, including tax and interest rate cuts, to address India's slowing economy, but investor confidence remains tepid. The central bank's recent key rate reduction marks the first in five years, amidst concerns over the adequacy of these measures. Economists caution that despite these efforts, rising global uncertainties and declining consumer sentiment may impede a swift economic recovery.

Source: YAHOO

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