Government should not go in for an 'aggressive fiscal consolidation' in the upcoming budget as global risks have not abated, said Ashima Goyal, RBI MPC member
India is well placed to grow at a "moderately brisk rate" in coming years due to macroeconomic stability, despite global monetary tightening, said Finance Ministry
The rate of wholesale inflation (WPI) spiked to 14.23 percent in November 2021, as per the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), which is the highest in past 12 years