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RBI raises rates, stance neutral

Sanket Dewarkar / Article rating: 4.0

The three-day meeting of MPC ended with the members unanimously favoring a repo rate hike of 25 basis points raising the rate to 6.25 per cent, citing rising inflationary pressure. This is for the first time in over four years that there was consensus among the MPC panelists.

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Jayesh Dadia, Chartered Accountant

Ninad Ramdasi / Article rating: 3.0

In the latest Olympic Games India’s performance was at an all-time best.

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