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RBI has hiked the repo rate by 50 basis points to 5.90%, the fourth straight increase in the current cycle, to tame sustained above-target retail inflation rate

RBI hikes repo rate to subdue the inflation; pegs inflation at 6.7% & eco...

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RBI Governor Shaktikanta Das announces hike in repo rate by 50 basis points to subdue the inflation The Reserve Bank of India's Monetary Policy Committee...
Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain

US Fed rolls out another rate hike, warns inflation fight can’t be ‘painless’

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US Fed attacks inflation with another big hike and expects more The US Federal Reserve rolled out another steep increase in the key US interest...
Despite erratic monsoon and negative seasonality in vegetable prices, food inflation in August was lower than the April peak of the current year

Retail inflation high due to high food prices, adverse base effect: Centre

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Retail inflation resurges to 7% in August as food prices increases As retail inflation rose to 7 percent in August from 6.71 percent in July,...
The rating agency expected inflation at 6.8 percent for the current fiscal and 5.8 percent in January-March 2023

Inflation, rate hike won’t knock out Indian Inc: S&P Global Ratings

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Banks will not be immune, but in stress scenarios, NPLs could rise modestly, says report Indian companies and banks are expected to feel the bite...
The Indian job market saw a 29 percent rise in the April-June period

Indian job market remains unfazed by inflation, hiring increases by 29%

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Despite fears of rising inflation globally Indian jobseekers are not impacted, say reports As per new reports, the Indian jobseekers are not adversely affected as...
RBI governor said that the domestic economy is showing signs of broadening

RBI hikes policy rates by 50bps to 5.4% to tame inflation

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Loan EMIs to go up after RBI hikes rates by 50 basis points to 5.4% Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) headed...
The Reserve Bank of India raised its inflation projection for this fiscal year to 6.7 percent from 5.7 percent earlier

India’s inflation may ease gradually in second half of FY23 despite global headwinds, says...

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Indian inflation expected to cool from October Speaking at the Kautilya Economic Conclave Shaktikanta Das, Governor, Reserve Bank of India (RBI) said that the inflation...
After moderating close to RBI's inflation target rate in September-21, headline CPI inflation has been rising incessantly with the print breaching the upper tolerance threshold in Q4 FY22, averaging at 6.34 percent

India’s CPI inflation at an 8-year high point of 7.79% YoY in April

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CPI inflation at 8-year high may trigger quicker rate hikes Sounding a red alert on India's CPI inflation at an 8-year high point of 7.79%...
The rupee breached the 77-degree for the very first time to strike an all-time low of 77.53 versus the US greenback

Rupee breaches 77/$, hits historic low of 77.53 as inflation anxieties rise

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Amid inflation rise, the rupee plunges historic low of 77.53 The rupee sank to a record low as the dollar gained against major global currencies...
The decision taken today to raise the repo rate may be seen as a reversal of rate action of May 2020

RBI hikes repo rate by 40bps to 4.40%, CRR by 50bps, cites inflation worries

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Sensex crashes 1,307 points after RBI's rate hike surprise Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee...

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