India cuts rates as Trump's tariffs put growth at risk
Edited By WION Video Desk
Published: Apr 09, 2025, 07:25 IST | Updated: Apr 09, 2025, 07:25 IST
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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