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RBI Rate Hike Alert: Nomura Unleashes Inflation Chaos!

Finance

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RBI Rate Hike Alert: Nomura Unleashes Inflation Chaos!

Okay, so the RBI is about to hit us with a 25 bps rate hike in October and December, aiming for a spicy 5.75%. Nomura's like, 'Hold onto your wallets!' as inflation's about to throw a tantrum over food prices and monsoon drama. It’s a financial soap opera, and we’re just here for the chaos and plot twists!