RBI MPC meet: FY23 inflation at 5.7% amid global supply challenges
A combination of high international commodity prices and elevated logistics disruptions could aggravate input costs across sectors, says the RBI Governor.
A combination of high international commodity prices and elevated logistics disruptions could aggravate input costs across sectors, says the RBI Governor.
Value-added products, change in fuel-mix, inventory light model — and the inevitable price hikes are some of the steps India Inc. is taking to address volatile commodity prices.
Gloomy Quadrilateral is a depressing concoction of spiking crude, rising gold prices, pessimistic foreign investors and weakening rupee that dampens the zeal of equity investors.
FM Sitharaman said that the FSDC meeting agreed that crude and the 'international worrisome situation' pose challenges to the domestic financial stability.