India's Economic Slowdown Spurs Calls for Central Bank Rate Cuts
TL;DR
Economists have revised down their growth forecasts for India after the country's GDP growth fell to a seven-quarter low of 5.4% in the July to September period, significantly below both consensus estimates and the Reserve Bank of India's 7% projection.
- Analysts Rush to Pare India Forecast After Growth Shocker Bloomberg
- India’s Economy Slows More Than Expected, Potentially Clearing Path for Rate Cuts The Wall Street Journal
- India's economy slows sharply, adding pressure on central bank to cut rates Reuters India
- Q2 growth shocker puts pressure on RBI to cut rates The Economic Times
- GDP growth slumps to 7-quarter low of 5.4% The Times of India
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