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Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for India
India's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. The Rupee is expected to weaken further. Additional fuel price hikes may be necessary. Measures are being taken to stabilize capital flows. The Reserve Bank of India's dividend offers some support.
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thehindubusinessline.com
Rate setting in a time of uncommon shock
RBI navigates unprecedented economic pressures to stabilize the rupee amid inflation, growth challenges, and anticipated rate hikes.
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economictimes.indiatimes.com
Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for India
India's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. The Rupee is expected to weaken further.…