Time for India's Central Bank to Lower Rates, Modi Adviser Says
Rajiv Kumar, vice chairman of government think-tank NITI Aayog. (Photographer: Pankaj Nangia/Bloomberg News.)

Time for India's Central Bank to Lower Rates, Modi Adviser Says

(Bloomberg) -- India is calling on its central bank to cut interest rates to fire up the economy, after a federal budget announced steps to spur consumption.
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