RBI's Monetary Policy Committee (MPC) member, Ashima Goyal, praised India's economic resilience despite external shocks. She emphasized the need for counter-cyclical macroeconomic policies due to ongoing geopolitical fragility. Goyal warned against excessive spending, urging a cautious fiscal approach. Regarding inflation, she supported gradual interest rate cuts to maintain real rates necessary for acceptable inflation and growth. Read The Rest at :
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