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Varathan Says a 25 Basis Point RBI Cut `Makes Sense'

July 31 (Bloomberg) -- Vishnu Varathan, a Singapore-based economist at Mizuho Corporate Bank Ltd., talks about India's economy and central bank monetary policy. Indian inflation is a major challenge for monetary policy even as economic expansion remains weak, the Reserve Bank of India said yesterday ahead of its rate decision in Mumbai today. Varathan also discusses the impact of this year's weak monsoon on the nation's economy. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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