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Despite the go-go narrative, it is clear that the country’s economic growth is in a funk. What’s more, history shows that further interest rate cuts to fuel stalled growth will be as futile as flogging a dead horse.

The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.