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Milind Deora column: Low lending rates don’t mean much; we stigmatise debt while ‘king of debt’ is US President

On Wednesday, the Monetary Policy Committee cut the interest rate by 25 basis points to 6%, the lowest in seven years. This decision was widely anticipated, and there has not been much speculation and analysis around it amid a sharp drop in retail inflation, weak demand and a slowing investment. A reduction in interest rates […]