Finance
EnglishRBI Meeting: Growth Gets a High-Five, Inflation is Chill
At the Reserve Bank of India's latest meeting, all members rallied behind growth while inflation took a nap. They decided to keep the repo rate steady, with only one member wanting a change. Governor Sanjay Malhotra and Deputy Governor Poonam Gupta reassured everyone that inflation is low, so let's keep the growth train rolling without overheating the economy!
few days ago | Manojit Saha
Quick rundown
1.RBI keeps repo rate unchanged to support growth.
2.Inflation outlook remains benign, excluding precious metals.
3.Trade deals with EU and US boost exports and investments.
4.Core inflation excluding precious metals at 2.3%.
5.Monetary policy aims to support growth up to 8%.
