Political economy Current Affairs, GK & News

Indian economy is facing stagflation: Moody’s

As per the Global financial services firm Moody’s Analytics: Indian economy is going through stagflation, with slow growth and high inflation. RBI can’t be too aggressive in slashing interest rates. WPI inflation rising up to 7.5% every year in May due to supply-side factors may impose further challenges for the RBI. Recent descend in the ..