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Economists divided as central bank weighs third repo rate cut

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The Reserve Bank of India's MPC met to review interest rates, with economists divided on the extent of cuts. Some advocated for a bolder 50 bps reduction to boost economic momentum, while others favored a cautious 25 bps cut, citing moderated inflation and external uncertainties. The decision, expected on June 6, will influence borrowing costs and investment sentiment.

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