RBI rate hike not a surprise, but its timing was: Sitharaman

https://ift.tt/gEQquwk The Reserve Bank of India’s (RBI) decision to raise interest rates will not impact the government’s planned infrastructure investments and the hike was part of a synchronised action by major central banks across the globe to deal with the twin challenges of taming inflation and supporting economic revival, finance minister Nirmala Sitharaman said on Saturday.

https://ift.tt/Tlx8Kpf from Times of India https://ift.tt/gEQquwk