Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report

The Times of India - 20 November 2024

Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report

India's economy, bolstered by festive spending and agricultural recovery, is rebounding from a second-quarter slowdown. However, rising inflation, reaching a 14-month high in October, threatens consumer demand and corporate investments.

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