Key Points
Bhargava praised the central banks efforts in maintaining a delicate balance between growth and inflation control, crediting this approach for Indias resilient economic performance despite global challenges...
As inflation levels, both wholesale and retail, continue to show moderation, Bhargava is optimistic about a rate cut early next year, an action that could further boost demand in consumption-sensitive sectors such as automotive and FMCG..
The RBI has been very conscious of the need to balance economic growth with inflation control, he said, highlighting that unlike in past cycles, the central bank has maintained a steady approach, avoiding drastic measures in either direction..
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