RBI, government actions can reduce duration of high inflation: Finmin - Economic Times

India was relatively better placed than other nations to weather the storm associated with monetary tightening in advanced economies, the ongoing geopolitical conflict, lockdowns in parts of China and supply-side disruptions, it added.

Days after the surprise rate hike by the central bank, the finance ministry on Thursday said Reserve Bank's determination to combat inflation will help sustain macroeconomic stability and growth. I… [+2581 chars]

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