India’s economic activity cools in January amid slowdown fears

Domestic recovery, that has been driving momentum so far, is getting wobbly. The Reserve Bank of India, which has raised borrowing costs six times since May to 6.50%, is seen increasing interest rates again in its April review amid inflation topping estimates and further tightening by global central banks.

from Economy-News-Economic Times https://ift.tt/6hvA8VT
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