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Bears push Sensex, Nifty down 3% in 5 sessions; Asian Paints, L&T, IndusInd Bank are Thursday s top losers

Bears have held the command of Indian equities for five consecutive days now. From February 17 to date, Sensex has dipped by 1,713.71 points or 2.79% and Nifty 50 has plummeted by 524.6 points or 2.91%.

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Inflation above 6 percent would be detrimental to India s growth: RBI Governor Shaktikanta Das

The inflation band of 2-6 per cent also provides RBI with enough policy space to use during times of stress, as was done during the COVID-19 pandemic

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Shaktikanta Das gives a sneak peek into RBI s likely defence to govt on failing to meet the inflation target

The RBI has convened a special meeting of the six-member monetary policy committee (MPC ) tomorrow on draft a letter for breaching the inflation target for three consecutive quarters.

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Retail inflation rises to 7 41 pc in September on costlier food items

For the ninth month in a row, retail inflation has remained above the Reserve Bank of India's tolerance level of 6 per cent

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Inflation, RBI and the Tale of Two Economic Advisors

The present economic advisor revels in the 'exemplary resilience' shown by the Modi government in recovering from COVID-19, while the former advisor has highlighted the human cost of this very 'recovery'.

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