News > Monetary Policy: Fiscal & monetary challenges mount for India
Monetary Policy: Fiscal & monetary challenges mount for India
Economic Times | 01/04/2022 03:01 PM | Click to read full article
Commodity prices are on the rise owing to the ongoing strife between Russia and Ukraine, prompting growth downgrades and an elevation in inflation projections.
Analysts are of the opinion that the Reserve Bank of India (RBI), at the upcoming April 8 policy meet, may be forced to pivot to a ‘neutral’ stance. RBI is also seen increasing its CPI projections as well as downgrading its growth projections.