Surging inflation has little demand pull for the central bank to respond
RBI has committed to keeping its policy loose and has also stressed on the need to support growth
The monetary policy committee has recommended that the government prune taxes
Inflation is on its way up for India. In other parts of the world, price pressures have already reached uncomfortable levels. Retail inflation in the US spiked to a 13-year high in May.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started