Treating inflation is like treating cancer! Therefore, it is important to remember that the war against price hikes can never be over. In such a scenario, it becomes prudent to take steps to check the rising prices of services and goods and also maintain a balance between the demand and supply chain. The Reserve Bank of India (RBI) in a surprising turn of events on Wednesday announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018. The decision was