Skip to main content

RBI rate hike not a surprise, but its timing was: Sitharaman

The Reserve Bank of India’s (RBI) decision to raise interest rates will not impact the government’s planned infrastructure investments and the hike was part of a synchronised action by major central banks across the globe to deal with the twin challenges of taming inflation and supporting economic revival, finance minister Nirmala Sitharaman said on Saturday.

The Reserve Bank of India’s (RBI) decision to raise interest rates will not impact the government’s planned infrastructure investments and the hike was part of a synchronised action by major central banks across the globe to deal with the twin challenges of taming inflation and supporting economic revival, finance minister Nirmala Sitharaman said on Saturday. from Times of India https://ift.tt/gEQquwk

Comments

Popular posts from this blog

Pant, Hardik star in India's T20 World Cup warm-up

India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. from Times of India https://ift.tt/9zh1Yfr