Governor Shaktikanta Das stressed not to modify the existing inflation targeting framework, which aims for a 4% inflation rate. He pointed out food inflation’s significant role in the consumption basket and cautioned that ignoring it may risk the hard-won stability in price levels. The existing framework ensures the credibility of economic stability.
2 top stock recommendations from CA Rudramurthy
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank