inflation is exhibiting stickiness, we will keep or Jonas I on the evolving inflation dynamics and be ready to act as may be necessary. Governor, emphasising the battle against inflation after retail inflation, has been above the RBI comfort level for the holier, with the Monetary Policy committee deciding to hike the key lending rate by 35 basis points to 6.25%. This is the fifth rate hike in a row but the first moderate hike as prices are cooling off. However, this will still mean Emmys will go up expected 35 point to attract leasing needs that become complacent about inflation coming down. The RBI governor did point out that real GDP growth has been revised downwards to 6.8% for 23 versus 7% growth projected earlier, but reiterated how India will still be one of the fastest growing major economies in the world. Real GDP growth for the current year that is 2022 23 is projected at 6.8% now. Even after this reduction or revision, even after this revision in our growth projection for 2022 23 that is the current year, India will still be among the fastest growing major economies in the world. A A Markets ended the day marginally lower after the RBI governor stated that India's fight against inflation isn't over, although, of course he did say that the worst of inflation is behind us all. Eyes now on how the growth and inflation dynamics pan out by next calendar year with Shaanxi Sharma Sakshi Bajaj for NDTV.
