Wednesday, August 1, 2018

RBI releases Third Bi-monthly Monetary Policy Statement 2018-19

The RBI projected the inflation at 4.8 percent in second half of 2018-19 and 5.0 percent in Q1 of 2019-20, with risks evenly balanced. The bank cited government’s decision to increase the Minimum Support Price (MSP) for Kharif crops as the primary factor causing increase in inflation.



from Jagran Josh https://ift.tt/2vuxiwP

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