RBI to curb inflation

In Economy, Main News, National

Mumbai: Reserve Bank Governor Raghuram Rajan has made a surprise to the markets by raising the main policy rate by 0.25 per cent to 8 per cent in an effort to curb inflation.
This is an attempt that may interpret the higher EMIs and push up the cost of borrowing for the corporate.
Raghuram Rajan was unveiling the Third Quarter Policy review of RBI.
It is assumed that Rajan would keep up the status quo on rates to support the financial growth. According to him inflation is a disease which destructs the economic stability of a country.
The Governor has pointed out that the economic growth would be below 5 per cent in the current financial year and will be accelerating in 2014-15.


Video on RBI plan to control inflation


You may also read!

Tricks that will help you avoid holiday weight gain

Even if you have superhuman willpower, the holiday season is challenging for everyone. Staying on track can seem so


Try hibiscus infusions to fight dandruff naturally

Today modern world dandruff is the biggest problem for both men and women. Dandruff is the irritate problem for


Unclog your arteries by eating this one simple fruit

The future of cardiovascular disease prevention and treatment will not be found in your medicine cabinet, rather in your


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu