This age of inflation

News Today 25.04.2022

Reserve Bank of India (RBI) Governor Shaktikanta Das announced in early April that the central bank will course-correct. Instead of the earlier priority of putting ‘growth before inflation’, the RBI would now sequence ‘inflation before growth’. The impression sought to be created is that the reverberations of Russia’s invasion of Ukraine rippling across the global economy upended the inflation-growth projections for India, changing the RBI’s priorities. (Read More)

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