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flag RBI urges boosting consumption, especially in e-commerce, to revitalize India's slowing economy.

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

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