RBI Hikes Repo Rate to 5.50%: Inflation's Got Us Shakin'

Hey there! The Reserve Bank of India just pumped up the repo rate by 25 basis points to 5.50% — their first hike since, like, forever! They're worried inflation is gonna go wild with those oil prices rising. But check it out, India's GDP is still strutting its stuff with a 7.8% growth! They're trying to keep it all balanced, like a pizza on my head, you know?