Business News This Week
The Reserve Bank of India (RB) is likely to review the interest rates on January 29. The Indian market and industrialists are keen to watch the if there any changes in the interest rates by RBI.
The food inflation is rising day-by-day and the change in the interest rate might have contain the rising inflation figures. The food inflation rate in India has been rose to around 10 times in a year. The velocity or the supply of money in the country can contain the inflationary forces.
There have been speculations that there would be changes in the interest rates by the RBI keeping motive to control the inflation in India. Variation in the interest rates are considered as the best and short term mechanism to contain inflation.
The food inflation is rising day-by-day and the change in the interest rate might have contain the rising inflation figures. The food inflation rate in India has been rose to around 10 times in a year. The velocity or the supply of money in the country can contain the inflationary forces.
There have been speculations that there would be changes in the interest rates by the RBI keeping motive to control the inflation in India. Variation in the interest rates are considered as the best and short term mechanism to contain inflation.
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