💨 Abstract

India's Finance Minister, Nirmala Sitharaman, called for more affordable bank interest rates to support economic growth. She also emphasized the government's commitment to measures that keep the economy stable. The minister's comments followed a surge in retail inflation, primarily due to a rise in vegetable prices, which had initially raised hopes of an interest rate cut by the Reserve Bank of India (RBI) in December.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖