The headline-inflation rate went below 6 per cent in November, falling within the RBI’s tolerance band of 2-6 per cent, thanks to a moderation in food prices and a favourable base effect, among other factors....
This would strengthen the case for a rate cut, especially when India’s gross domestic product( GDP) growth rate fell to a seven-quarter low of 5.4 per cent in the July-September quarter....
According to Nomura, the daily data suggests that the December retail-inflation rate is also tra
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2024-12-13 00:00:00.0