The week in charts: Hawkish RBI minutes, drought warning, rural workforce
New Delhi, Aug. 22 -- From the Reserve Bank of India's (RBI's) minutes signalling hawkish caution even as rates stayed on hold, to India's exports finding strong footing across key markets in July, Skymet sharply revising down its monsoon forecast and raising drought odds, rural women driving a jump in labour force participation, and foreign portfolio investors returning to Indian equities in force-here are this week's news in numbers.
The latest RBI minutes strike a hawkish tone, with policymakers focused on the risk that inflation could remain elevated even as the repo rate was kept unchanged at 5.25% and the stance remained neutral at the August meeting. Inflation pressures have not become broad-based. Monetary policy committee (MPC) ...
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