By WSJ Staff
Your daily round-up of the best of the Wall Street Journal’s India coverage:
Maruti Suzuki to Open Plant in Gujarat: Maruti Suzuki, India’s largest car maker by sales, said it would set up a new factory in the western state of Gujarat as it tries to meet potential demand for its vehicles in India and overseas.
RBI: India Growth Could Slow Further: India’s growth could slip further unless authorities take steps to address fundamental weaknesses in Asia’s third-largest economy, a top central bank official warned.
India Fuel Retailers to Cut Gasoline Prices: India’s state fuel retailers Saturday decided to cut retail gasoline prices following heated protests from the ruling Congress party’s key allies, opposition parties and consumers.
Opinion: India Fades: It was only last summer that the Indian government forecast that the economy would grow at an annual rate of 9.0% to 9.5% for the next half-decade.
RBI’s Gokarn: Room to Cut Rates: India’s sluggish economic growth and softer global crude prices have lent more elbow room to the country’s central bank to ease its monetary policy, Deputy Governor Subir Gokarn said Monday.