India has cut interest rates for the third time this year in an attempt to revive growth in its sluggish economy. The Reserve Bank of India (RBI) lowered its key rate to 7.25% from 7.5%. India's growth rate has dipped, amid a slowdown in key sectors such as manufacturing, prompting the government to lower growth forecasts.
http://www.bbc.co.uk/news/business-22394212
