RBI MPC Policy: Reserve Bank leaves inflation projection for FY24 unchanged at 5.4%

RBI Monetary Policy: The Reserve Bank of India's Monetary Policy Committee today left interest rate target for the next fiscal year unchanged. India's policymakers implement measures to control inflation through monetary and fiscal interventions, export restrictions, and actions against hoarding. Finance Minister Nirmala Sitharaman recently stated that retail inflation is stable, thanks to government efforts to check price rise in perishable commodities.
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