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RBI did well to preserve its rate policy firepower
October 02, 2025
|Mint New Delhi
Subdued inflation didn't make India's central bank budge on its policy rate. Its expectation of firmer growth partly explains this. A monetary stimulus is best used when it's most needed
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America’s tariffs did not just upend India’s trade forecasts, they clouded the economic outlook with uncertainty, even though our economy's growth impulses seem intact so far.
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