We now know why the Reserve Bank of India’s Monetary Policy Committee found it necessary to call a special meeting on the 2nd to 4th May to hike the policy rate. They knew very well that the April retail inflation print would be far from pleasant. The Governor’s statement on 4th May said, ‘High frequency price indicators for April indicate the persistence of food price pressures. Simultaneously, the direct impact of the increases in domestic pump prices of petroleum...
Moneycontrol Pro Panorama | Putting inflation back in the bottle
May 23, 2022 / 05:47 PM IST
In today’s edition of Moneycontrol Pro Panorama: PM on why Japan matters to India, Paytm’s valuation shock, steel stocks in the line of fire, the Eastern Window and moreRead Now
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