Mandate-Constrained MPC Kept Rates On Hold As India Hurtles Towards Recession
A stop sign is displayed on the barrier of a railway crossing as a train travels past near Chunabhatti railway station in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Mandate-Constrained MPC Kept Rates On Hold As India Hurtles Towards Recession

India’s six-member Monetary Policy Committee felt the constraints of its inflation target as it met for the last time in its four-year tenure.Minutes of the MPC meet released on Thursday showed tha...
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