India, April 15 -- In the monetary policy announced by the Reserve Bank during the first week of April, the central bank delivered a strong message by keeping the repo rate and other policy interest rates unchanged, and simultaneously maintaining its stance as 'Neutral' (or status quo). This signals that, despite rising crude oil prices, supply chain disruptions, blockages in international

trade routes, and global turmoil, India's policymakers remain confident in the country's economic fundamentals and are committed to sustaining a growth-conducive environment within the nation.

Prior to the monetary policy announcement, however, apprehensions were being voiced that the trajectory of successive repo rate reductions - which had been purs...