India's Central Bank Raises Rates For First Time Since 2023
India's central bank raised interest rates for the first time in more than three years as the Middle East conflict keeps energy prices high, hurting the rupee…

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India's central bank raised interest rates for the first time in more than three years as the Middle East conflict keeps energy prices high, hurting the rupee…
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.

India's central bank held rates steady again on Wednesday as it continues to assess the economic fallout of the Middle East conflict.
Economists polled by Reuters had forecast the policy rate to remain unchanged at 5.25%.

The move snapped a two-meeting run of pauses as cooling inflation creates room to lend the economy more support against tariff risks.

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