As Reserve Bank of India hikes policy rate, now it is government’s turn to curb inflation
[ad_1] By Brajesh Kumar Tiwari RBI increased the repo rate from 4.40 percent to 4.90 percent on Wednesday. Since May, the Repo rate has increased by 0.90 percent. The repo rate had fallen from the level of 8 percent in January 2014 to 4 percent by May 2020 due to Corona. Last month the Reserve …