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Economy

RBI Monetary Policy: The case for and against raising rates

Updated : August 01, 2018 03:16 PM IST

There are core arguments for a rate hike tomorrow. 
First, since the previous MPC meeting, the government has delivered on its promise of sharp increases in minimum support prices (MSPs) for crops.
Second, since the last MPC meeting, the global context has continued to look murky.
RBI Monetary Policy: The case for and against raising rates

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