On August 5, the Reserve Bank of India (RBI) is expected to announce another rate hike as it plays catch up with other central banks to contain inflation and protect against further rupee depreciation. Ahead of the RBI MPC’s statement on Friday, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank’s stance. Read more in our top headlines
Call grows among market participants for shift in RBI's stance to neutral
Call grows among market participants for shift in RBI's stance to neutral
Ahead of the Monetary Policy Committee’s (MPC’s) statement on Friday, while market participants are certain about a