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The Reserve Bank of India on Thursday hit the pause button and decided to keep the key benchmark policy rate at 6.5 per cent even as inflation is trending above its tolerance level. ....
Apart from the decision on the repo rate hike by the Reserve Bank of India s (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions. ....
Inflation is likely to come down in coming months as Government and RBI have taken measures to lower prices, Economic Affairs Secretary Ajay Seth said ....
The "threat of stagflation is transitioning into a baseline scenario," sources told NDTV and added that there are "no instruments globally against stagflation." ....