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The Economic Times

Opinion / The Economic Times

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Shot of hike as painkiller: Indias economic storm calls for decisive MPC action

India's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital outflows are accelerating, and prices are climbing. The Monetary Policy Committee meets this week. Many expect rates to stay unchanged. However, rising inflation pressures may force a rate hike.

1 Jun 2026 12:32 am