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RBI urges boosting consumption, especially in e-commerce, to revitalize India's slowing economy.
Reserve Bank of India (RBI) officials suggest boosting consumption to revive India's slowing economy, hit by low investment and manufacturing.
Private spending, especially through e-commerce, is a bright spot, and the RBI emphasizes fostering competition in these sectors.
Food inflation remains high, affecting rural wages and corporate salaries, with interest rate paths becoming uncertain.
The RBI sees potential for growth in the second half of the fiscal year, despite challenges.
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RBI insta a impulsar el consumo, especialmente en el comercio electrónico, para revitalizar la economía en desaceleración de la India.