
Geopolitics
RBI Repo Rate Hike: ICRA and Axis MF in a Tug-of-War
Hey, so the Reserve Bank of India just cranked up the repo rate by 25 basis points to 5.50%! It's like a financial tug-of-war, with ICRA saying, 'Hold on, another hike is coming in December!' Meanwhile, Axis Mutual Fund is ready to go big, predicting up to 75 basis points! GDP is hanging out at 7.1%, but food prices and crude oil are stirring the pot. It's a wild ride, folks!
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