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    HomeNewsOpinionRBI researchers see slowdown in Q2, but believe it’s temporary

    RBI researchers see slowdown in Q2, but believe it’s temporary

    On inflation, the State of the Economy report says while food price data for October so far show a moderation in the prices of rice and pulses, except for gram, edible oil prices continued to harden after the import duty was hiked in September 2024. Also, while potato prices softened, those of onions and tomatoes recorded a steep increase. Small wonder that the RBI governor a few days ago said a 'rate cut at this stage will be premature and very, very risky’

    Manas Chakravarty
    October 22, 2024 / 07:57 IST
    The researchers’ disappointment is writ large when it comes to corporate capex
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