Inflation in India in October came down to 0.25 per cent, the lowest since the current series began in 2013, raising hopes of a rate cut by the Reserve Bank of India (RBI) in December. Consumer price inflation was 6.2 per cent in October last year.
A cut in interest rates would help give an additional boost to consumption, which already got a leg-up after the Centre rationalised Goods and Services Tax (GST) slabs in
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