The Growing Concern of Inflation and Its Implications on Consumption and Economic Growth Context: The recent data released by the National Statistical Office (NSO) has drawn attention to a concerning surge in retail inflation, reaching a 15-month peak. This revelation follows closely on the heels […]
Reserve Bank raises rates by 50 bps, brings down growth outlook to 7% #GS-03 Economy, Monetary Policy For Prelims About Monetary Policy Committee. The Monetary Policy Committee (MPC) is created to set the policy interest rates as a part of its monetary policy. It is […]