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Reserve Bank of India

Reserve Bank Governor, RBI, Shaktikanta Das Finance

Increased Onion Prices Were Prominent in RBI’s MPC Meet

"Headline inflation rose sharply in September and further in October, driven up by a sudden spike in prices of vegetables as kharif crop was damaged due to unseasonal rains in many parts of the country; increase in prices of onion was particularly sharp," RBI Governor Shaktikanta Das said in the Monetary Policy Committee (MPC) meeting while voting for status quo in the key interest rate.

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