The week in charts: rate hikes, SIP flows, Airtel’s tariffs
India's central bank raised its key interest rate by 25 basis points to 5.5% on October 7, marking the first hike since February 2023. This decision aims to combat inflation risks amid rising energy prices and global trade uncertainties. Economists anticipate further rate increases, with Yes Bank predicting hikes of 1 percentage point in this cycle.