Indian Inflation Slows to 11-Month Low, Boosting Rate-Cut Case

Indian Inflation Slows to 11-Month Low, Boosting Rate-Cut Case

Brent Lewin/Bloomberg

A woman sells seafood at a market in Port Blair, India. The administration has opened industries such as retail to more overseas investment and pledged to contain the budget deficit, seeking to boost confidence in Asia’s No. 3 economy and avert a credit-rating downgrade.