Five reasons why the RBI should cut interest rates

Growth: India's economy grew at 4.5 per cent in the December quarter and is on track for its slowest performance in a decade at around 5 per cent for the fiscal year that ends in March. There is intense pressure from industry and government to loosen monetary conditions to help arrest the economic slowdown. Inflation: India's headline inflation picked up to an annual 6.84 per cent in February, but non-food manufacturing infl...