The Reserve Bank of India indicated that persistent high food prices could require a more cautious monetary policy. Although retail inflation fell in July, the central bank anticipated it would rise again due to ongoing food price pressures. Climatic shocks were cited as a major factor behind the stubbornly high food prices, raising concerns about broader inflation trends. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.