💨 Abstract

India's economic activity remains strong, particularly in the agriculture and services sectors, according to India's central bank governor, Shaktikanta Das. However, inflation remains a concern, with food costs leading to a recent increase in inflation from 3.65% to 5.49%. The Reserve Bank of India (RBI) has eased its monetary policy stance to 'neutral', but the next move on interest rates must be weighed carefully.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖