Shaktikanta flips: Policy rate cut, monetary policy shifts emphasis from curbing inflation to supporting growth

Reserve Bank of India’s monetary policy committee, chaired by new governor Shaktikanta Das after the resignation of Urjit Patel, lowered policy rate by 0.25% to 6.25% and also switched the monetary policy stance from “calibrated...

from Times of India Opinion http://bit.ly/2BtoM5b