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Day: April 8, 2024

by Admin April 8, 2024 0 Comments

Editorial 8 April 2024:

Wayward elephant: On the RBI’s rate decision: The RBI’s Monetary Policy Committee (MPC) has opted to keep the benchmark policy repo rate unchanged at 6.5% for a seventh consecutive meeting citing food price pressures that are impeding its efforts to slow inflation to the 4% target on a durable basis.