R Gandhi, Former RBI Deputy Governor, noted that the Reserve Bank of India’s conservative monetary policy aims to keep inflation near the target of 4% for stable growth. He highlighted the importance of steady inflation rates and mentioned signs of a pickup in private sector investments encouraged by the government and consistent infrastructure spending.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a
August 28, 2026