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The off-cycle meet of MPC announcing hike in benchmark Repo rate by 40 bps and another 50 bps hike in CRR kept the broader markets on the tenterhooks, as the realization of siding with changing realms of inflation control gained currency, already palpable for sometime as economies from developed as well as emerging worlds have struggled to rein in the galloping price rises that hurt the masses, and probably classes alike

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