All eyes are on the RBI’s rate action next week after central banks from Manila to Oslo announced hikes on Thursday. The recent hikes came hours after the US Federal Reserve again raised rates by 75 basis points. Various agencies have forecast a 35-50bps increase as inflation, after moderating in July, has again shot up to 7% in August.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I2ulkhs
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