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Explained | Why is there divergence in inflation across States?

September 4, 2022September 4, 2022cpooldigitalLeave a Comment

[ad_1] What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? The story so far:India’s economy grew at a slower-than-expected 13.5% in the first quarter […]

RBI not ‘behind the curve’ in hiking rate; never wise to overreact to shocks: Ashima Goyal

May 15, 2022May 15, 2022cpooldigitalLeave a Comment

[ad_1] Ms. Goyal was responding to a question on why the RBI did not raise interest rate much earlier despite rising inflation Ms. Goyal was responding to a question on why the RBI did not raise interest rate much earlier despite rising inflation The Reserve Bank of India is not “behind the curve” in hiking […]