MUMBAI—Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since launching five years ago in the South Asian nation, as it moves to better compete with fierce rivals Disney and Amazon. The streaming giant cut prices by 60 percent, to 199 rupees ($2.62) a month, for its basic plan that lets users watch content on a single device, it said in a blogpost. The price of its mobile-only plan will drop a quarter to 149 rupees, with overall prices of various plans falling 18 percent to 60 percent. The new prices were the “real ‘Money Heist,'” Netflix said in its announcement, using the name of one of its popular television shows, but without giving any rationale for them. For years, Netflix priced its products far above competitors in India such as Disney and Amazon, citing the much higher income of households that spoke …