MPC members say addressing inflation risks crucial: Minutes - Economic Times

The Reserve Bank of India earlier this month started to move away from its ultra-loose monetary policy even as it kept its key lending rate at a record low, as its priorities shifted to fighting surging inflation in the wake of the Russia-Ukraine war.

Almost all members of India's monetary policy committee argued in favour of action to curb inflationary pressures at their April 6-8 meeting despite continuing risks to economic growth, minutes relea… [+3214 chars]

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