RBI Set to Hike Rates After Four-Year Break

Hold onto your wallets! The Reserve Bank of India is about to raise interest rates for the first time in nearly four years. With inflation soaring and the rupee struggling, 34 out of 40 economists predict a quarter-point hike. This move keeps the RBI in line with other Asian countries, all while maintaining a neutral stance for now. It’s a tightrope walk, folks!