According to the RBI Governor, inflation is “unacceptably and uncomfortably” high.
In accordance with the evolving dynamics of inflation and economic activity, Das said the central bank’s policy operations “will continue to be calibrated, measured, and flexible.” Patra also emphasised how big and frequent the shocks are right now. They run the risk of un-anchoring inflation expectations when coupled with the rise in expenditure made possible … Read more According to the RBI Governor, inflation is “unacceptably and uncomfortably” high.