Though he said that inflation was also likely to rise through most of this year, policymakers still expected the inflation rate to return to the 2% target in the next few years.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention