“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the committee could tighten the stance of policy by more than necessary to restore price stability,” the minutes showed.
Voltas shares soar 5% as firm’s AC sales cross 1 million mark in record time in Q1 FY27
Voltas shares surged after the Tata Group firm announced a record-breaking achievement: selling over one million air conditioners in less than three months of FY27.