A Debate Shouting Louder Than Loudspeakers: Inflation, Economy
The RBI, in a move to confront rising inflation, hiked the repo rate by 40 basis points on Wednesday - predicting that inflation was likely to rule at elevated levels, with food inflation pressures likely to continue. This in effect confirmed that inflation, price rise and economy are the big debate, screaming louder than the ongoing loudspeaker debate. Tonight's episode of Breaking Views explores what the RBI's move means for the Indian economy.
