Six ways a Western economic slowdown will impact India
Earlier this month, the Federal Reserve of the United States and the Bank of England raised their key short-term interest rates by 75 basis points, or by 0.75 per cent. This is because the rich-world central banks are currently struggling with multi-decadal high inflation, or the rate of price rise. Hence, higher interest rates in order to control inflation is the order of the
Source: deccanherald.com