Prices of vegetables, especially key ingredients in cooking like tomatoes and okra, rose sharply after unseasonal rains damaged produce last month, fuelling inflation. Centre’s excise cut on petrol and diesel after a drubbing in the by-polls has reduced vegetable prices in most states. But is this relief only until the UP elections?
The ratings agency expects RBI's monetary policy committee to hike the key policy rate by another 50 basis points to 5.9% in FY23.
SBI Research expects the peak repo rate in the cycle at 6.25%.
August managed to reverse the decline in fundraising, despite a 2.3% fall in deal volume; apart from India, VC funding also rises in China.
Two third of the respondents intend to spend money during this festival season, with half of them willing to spend over ₹10,000 on festival purchases, as per the LocalCircles survey.
The ratings agency expects RBI's monetary policy committee to hike the key policy rate by another 50 basis points to 5.9% in FY23.
SBI Research expects the peak repo rate in the cycle at 6.25%.
August managed to reverse the decline in fundraising, despite a 2.3% fall in deal volume; apart from India, VC funding also rises in China.
Two third of the respondents intend to spend money during this festival season, with half of them willing to spend over ₹10,000 on festival purchases, as per the LocalCircles survey.
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