RBI to raise rates, slim majority of economists expect 50 bps hike: Report
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There was a wide consensus that the RBI will raise rates at the Sept. 30 meeting, although there were differences over how far it would go with inflation accelerating to 7% and with the rupee weakening.
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The gains in Indian equities defied the weakness in other Asian markets, which fell as rare protests in major Chinese cities against strict zero-Covid curbs raised concerns about the growth implications for the world's second-largest economy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9YsL6IJ via IFTTT
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