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India cuts rates as Trump's tariffs put growth at risk

India cuts rates as Trump's tariffs put growth at risk
India's central bank has cut interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump's tariff announcements. The Reserve Bank of India (RBI) reduced repo rates from 6.25% to 6%, a second cut since February, when rates were brought down after nearly five years.

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