RBI Hits the Brakes on Repo Rate: Inflation on the Rise

Finance

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RBI Hits the Brakes on Repo Rate: Inflation on the Rise

Alright, fam! The RBI just hit the brakes on the repo rate at 5.25%—like, chill mode activated! Inflation's trying to crash the party, soaring to 5.1% thanks to food prices. GDP's flexing at 6.6%, but those global supply chain vibes are lurking like a bad date. Buckle up, it's gonna be a wild ride!