The biggest takeaway from the monetary policy review today was that there are more rate hikes ahead. This rate hiking cycle is not done despite some positive signs such as the bounceback in the rupee’s value against the dollar and easing commodity prices. Despite hiking the repo rate by 50 basis points, the Reserve Bank of India retained its forecasts for growth at 7.2 percent for this financial year and inflation at 6.7 percent. It also didn’t change its stance...
Moneycontrol Pro Panorama | View from atop the 60K peak
Aug 18, 2022 / 04:41 PM IST
In today’s edition of Moneycontrol Pro Panorama: Misuse of police, bright spots on recovery radar, the metal blues, green code for startups, politics behind freebie politics and moreRead Now
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