The week in charts: rate hikes, SIP flows, Airtel's tariffs
New Delhi, Oct. 10 -- From the Reserve Bank of India raising its key interest rate for the first time since February 2023 to record SIP inflows despite a shaky stock market, a temporary easing in the standoff over flight operations between Mumbai's two airports and airlines, Bharti Airtel raising postpaid tariffs, and India's 85-medal haul at the Asian Games-here is the week's news in numbers.
The Reserve Bank of India (RBI) raised its key interest rate by 25 basis points, taking the repo rate to 5.5% from 5.25% earlier. This was the first hike by the central bank since February 2023. The RBI also adopted a hawkish stance, signalling that more rate increases could follow as it seeks to contain inflation risks.
The move comes as several ...
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