Will monetary tightening help fix India's inflation problem? Swaminathan Aiyar explains - Economic Times

The imported nature of the current bout of inflation along with the fact that the RBI governor Shaktikanta Das himself acknowledging that 75% of the increase in the latest inflation forecast is due to food merits the question -- will the interest rate hike sl…

The RBI raised the policy repo rate by 50 basis points taking the cumulative increase to a steep 90 basis points in two consecutive months. The ballooning inflation, mostly fueled by global factors, … [+2829 chars]

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