BusinessRBI Signals Possible Rate Hikes as Oil Shock Threatens India’s Inflation Outlook
The Reserve Bank of India may consider raising interest rates if rising oil prices and geopolitical tensions cause inflationary pressure to intensify, according to the latest signals from India’s monetary policymakers. The RBI kept its policy rate unchanged at 5.25% at its August meeting, but policymakers have indicated that future decisions will depend heavily on […]
Rohit Goyal·Aug 19