Sanjay Malhotra Exclusive: RBI Guv On Geopolitical Uncertainties, Rate Hike, Inflation, WPI & More
Amid ongoing geopolitical uncertainties, RBI Governor Sanjay Malhotra told Times Network that, despite elevated uncertainty, it is premature to talk about a rate hike. The
Amid ongoing geopolitical uncertainties, RBI Governor Sanjay Malhotra told Times Network that, despite elevated uncertainty, it is premature to talk about a rate hike. The RBI Governor also described the signals surrounding the India-US trade deal as positive. "As of now, inflation is still below 4%...However, wholesale price inflation (WPI) did rise—from about 8.4% in April to 9.7% last month—so we are watching that closely.
A significant portion of the increase in WPI has been due to fuel prices," he said. Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the Get Breaking news, the Latest news, Politics news, of the day.
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