India's central bank holds rate, looking for inflation 'elephant' to vanish
The six-member monetary policy committee kept the main lending rate at 6.5%, in line with expectations.
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The six-member monetary policy committee kept the main lending rate at 6.5%, in line with expectations.
The Indian central bank's key interest rate was kept unchanged for a seventh straight policy meeting on Friday as growth in the economy is expected ......
Cereal prices rose 7.60pc higher year-on-year in Feb compared to 7.83pc in the previous month
The share of agriculture in the total gross value added of the economy declined to 0.7% in the December quarter from 1.2% in the previous quarter
The market research firm said it expects the industry to grow at between 4.5% and 6.5% in calendar year 2024. At the lower end, this would translate to less than half the 9.3% growth rate achieved in 2023.