Intro:
India's central bank cut interest rates to 4%, the lowest level in twenty years, in an effort to boost spending.
The Reserve Bank of India's governor says the 40-point cut will help prop up the tanking economy.
But the bank's forecasts painted a gloomy picture of the near future.
Ishan Garg has more from New Delhi.
IN: India's central bank...
OUT: SOC
Duration: 38 seconds