💨 Abstract

Finance Minister Nirmala Sitharaman welcomed the Reserve Bank of India's decision to cut policy rates, stating that the Indian economy needs support from both the central bank and the ministry to maintain growth amid global uncertainties caused by US tariff hikes. She expressed confidence in the Indian economy's underlying strength based on domestic demand. The minister also mentioned ongoing negotiations for an ambitious trade agreement with the US, aiming to benefit both countries.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖