BUSINESSJun 5 · 02:45 UTCBLOOMBERGSavio Shetty, Pratigya Vajpayee

India Rate-Hike Bets Build as Pricey Oil, Weak Rupee Stoke Inflation Risks

India's Reserve Bank of India (RBI) faces mounting expectations for a rate hike as rising oil prices and a weak rupee increase inflation risks. RBI Governor Sanjay Malhotra countered U.S. President Donald Trump's dismissal of India's economy, stating the country contributes more to global growth than the U.S.

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Reserve Bank of IndiaorganizationSanjay MalhotrapersonDonald TrumppersonIndiaplaceUnited Statesplaceinflationtopicoil pricestopicrupeetopic

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