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The Reserve Bank of India (RBI) has the critical task of maintaining price stability while fostering economic growth. In recent years, there has been debate on whether the RBI should focus exclusively on core inflation, which excludes volatile components like food and energy prices. While this approach might seem...
The most stringent monetary policy in decades has failed to curb food prices. In 2023-24, the consumer food price index (CFPI) surged by 7.5%, and by the June quarter of 2024, the pace of increase had risen to 8.9%. The reason is simple: food prices are typically driven by...
cession is a slowdown or a huge contraction in monetary sports. A widespread fall in spending normally ends in a recession. Description: Such a slowdown in monetary sports might also additionally remain for a few quarters thereby absolutely hampering the increase of a financial system. In this sort of situation,...