India Inc Wants Reforms More Than Rate Cut Anticipating data out on Friday will show weakening economic growth, the finance ministry will argue for an interest rate cut but Indian companies want reforms.
• Moody's Projects September Quarter GDP Growth at 5.3%
Reserve Bank Eases Rules for Low-Cost Home Loans The Reserve Bank of India has eased norms to fund low-cost housing by permitting banks to extend loans against long-term infrastructure bonds.
Online Grocers Come Up Trumps in India's E-Commerce Boom More Indians are shopping for groceries online, helping e-tailers like Bigbasket.com turn in profits while supermarkets are struggling.

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