Time Is Ripe for Second India Rate Hike as Inflation Risks Mount
A vendor fills a bowl with tomatoes at a vegetable market in India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Time Is Ripe for Second India Rate Hike as Inflation Risks Mount

(Bloomberg) -- India’s central bank is on course to raise interest rates for a second consecutive policy meeting as it takes more decisive steps to rein in inflation and stem capital outflows.
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