RBI has hiked the repo rate at last but can its monetary policy committee make up for lost time?

Mint has reported a new India-focused economy development: “RBI has hiked the repo rate at last but can its monetary policy committee make up for lost time?.” The publisher's feed describes the story as follows: The Reserve Bank of India (RBI) has finally raised its repo rate after an 18-month stretch of wait and watch. Whether it will succeed in taming inflation without having to pay too high a price, though, remains to be seen. Intellectual Janata Party includes this item for public-affairs
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