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India's finance minister says country needs support from central bank and government

India's Finance Minister Nirmala Sitharaman said her country's economy - hit by U.S trade tariffs - will need help from the Reserve Bank of India and the government as she welcomed Wednesday's interest rate cut by the central bank.
India's Finance Minister, Nirmala Sitharaman, emphasized the necessity for coordinated efforts between the central bank and the government to bolster the country's economic growth. Speaking at a business summit in New Delhi, she highlighted the importance of maintaining a balance between inflation control and fostering economic expansion. Sitharaman pointed out that while the central bank's role in managing inflation is crucial, the government must also implement policies that support growth, especially in light of global economic uncertainties. She stressed the need for a stable and predictable policy environment to encourage investment and sustain the momentum of India's economic recovery.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/companies/indias-finance-minister-says-country-needs-support-from-central-bank-and-government/ar-AA1CBOzS ]