Economists are unanimous in forecasting that the central bank has no other option but to deliver a 50 bps rate hike next week and take the terminal rate to 6.25 per cent by December.
According to Soumya Kanti Ghosh, group chief economist at SBI, a half-percentage point hike in the repo rate looks imminent in an aggressive response to external shocks.
New Delhi [India], May 23 (ANI/PRNewswire): Companies globally are in the lookout for real time data to analyse the market and gain more insight to help them better their performance.
Get latest articles and stories on Business at LatestLY. Companies globally are in the lookout for real time data to analyse the market and gain more insight to help them better their performance. Business News | Skilled Big Data Professionals in Demand; UPES Student Lands 48LPA Job Offer with Microsoft.