Upbeat mood in India decoupled from pessimism in rich countries

To combat the cost of living crisis, the central banks of most countries have raised interest rates and curbed excess money supply

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TNC Rajagopalan
Amidst rising geopolitical tensions and global economic uncertainty, the Reserve Bank of India (RBI) has scheduled an additional meeting of the Monetary Policy Committee (MPC) this Thursday. The decision of the MPC and future guidance of the RBI governor, especially on whether India is decoupled from the global economic turmoil, will be watched with great interest.

The end of the Russia-Ukraine war is nowhere in sight. North Korea is repeatedly firing missiles near Japan and South Korea. China is determined to integrate Taiwan with itself. The hardening stances of the parties involved in these regions have dwarfed the tensions in other
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First Published: Oct 30 2022 | 10:57 PM IST

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