RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.
1 report, 1 independent
Updated Sep 23
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What happened
RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Reserve Bank of India
central bank of India
- El Nino
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S&P Global Ratings
credit rating agency, subsidiary of S&P Global
Nothing else this week.
Related events
- The Reserve Bank of India's actions, including rate cuts, are being influenced by global economic pressures stemming from the West Asia conflict and the potential impacts of El Niño on agriculture.
- El Nino effect linked to higher temperatures and lower rainfall, with CRISIL releasing a report on India's power demand.
- Sustained food inflation pressures the Reserve Bank of India.
- Malaysian chief economist provides inflation forecasts as monetary policy targets inflation management amid weather and conflict pressures.
- El Niño-linked weather patterns are straining India's power grid, which relies heavily on coal.