Shaktikanta Das, governor of the Reserve Bank of India (RBI), left arrives at a news conference in Mumbai, India, on Thursday, Feb. 7, 2019. (Photographer: Dhiraj Singh/Bloomberg)

Monetary Policy: MPC Cuts Benchmark Rate, Maintains Stance

India’s Monetary Policy Committee on Thursday voted to cut its benchmark interest rate for a second consecutive meeting, amidst rising concerns over economic growth. The monetary policy stance has ...