RBI's Rate Hike Recipe: 5.75% and a Dash of Drama

Listen up! The RBI is cranking rates up by 25 basis points in October and December, reaching a terminal rate of 5.75%. By February 2027, those hikes might fizzle out like a deflated soufflé due to rising food prices and inflation. This economic dish is far from perfect, and it’s time to whip it into shape!