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RBI Governor Shaktikanta Das said that Indian economy remains resilient despite global headwinds wherein global recession fears are mounting, inflation high ....
While speaking at the Monetary Policy statement meeting on Friday, Das said India’s external position is quite strong despite high inflation and recession scare in the western countries. ....
According to Soumya Kanti Ghosh, group chief economist at SBI, a half-percentage point hike in the repo rate looks imminent in an aggressive response to external shocks. ....