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Recurring food price shocks pose challenges in tackling inflation: Das

Recurring food price shocks pose challenges in tackling inflation: Das
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RBI targets inflation at 4% for sustainable economic growth

Reserve Bank Governor Shaktikanta Das on Thursday emphasised on achieving the four-per cent inflation target as stable and low inflation at four per cent for providing the necessary bedrock for sustainable growth. \u201cHeadline inflation moderated to an average of 5.5 per cent during April-December 2023 from 6.7 per cent during 2022-23. Food price inflation, however, continued to impart considerable volatility to the inflation trajectory,\u201d he said while unveiling the monetary policy

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Paytm shares tank nearly 9 per cent; fall for 2nd day

Paytm shares tank nearly 9 per cent; fall for 2nd day
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Paytm shares tank nearly 9 pc; fall for 2nd day

Shares of One97 Communications Ltd, which owns the Paytm brand, tanked nearly 9 per cent on Friday as investors continued to dump the stock. Extending its previous day s decline, the stock dived 8.67 per cent to Rs 408.30 on the BSE. Shares of the company tumbled 8.20 per cent to Rs 410 on the

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