THE RBI SHOCKED THE ECONOMY TODAY WITH HALF-A-PERCENTAGE-POINT HIKE IN ITS OPERATIONAL RATES. ITS REASONING: INFLATION IS HIGHER THAN THE RBI'S ALREADY-ELEVATED PROJECTION. THE RBI ALSO DOES NOT EXPECT GROWTH TO MODERATE, BUT IF A MODERATION DOES HAPPEN, NO GREAT LOSS.
Link to this comment:
All Comments (0)