Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan - Economic Times

Costlier food items pushed the retail inflation to a 17-month high of 6.95 per cent in March, above the upper tolerance level of the RBI, while the wholesale price-based inflation rose to a four-month peak of 14.55 per cent, mainly due to hardening of crude o…

Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some "ant… [+2836 chars]

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