
RBI Cuts Rates to Spur Growth
On June 11, India’s central bank made its largest rate cut in five years, signaling a major shift toward stronger economic stimulus. Aiming for 7–8% growth, the RBI weighed inflation vs. long-term financial stability. Separately, China’s rare-earth export restrictions raised alarms in India’s auto sector.
Author: Global Ripple
Posted on: June 11, 2025