A man drinks tea as he walks past the Reserve Bank of India headquarter building in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

India Monetary Policy: MPC Keeps Rates On Hold But Shifts Stance To “Calibrated Tightening”

India’s monetary policy committee surprised markets by keeping interest rates unchanged, as it awaits for greater clarity on the evolving growth-inflation scenario in the economy. The six-member pa...

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