BusinessIndia's Rate Hike Signals Warning for Modinomics Growth
India's recent rate hike by the Reserve Bank of India (RBI) serves as a strong warning for the economic strategy known as Modinomics. Analysts suggest credit growth will moderate but remain sufficient to support economic growth. Further rate hikes of up to 50 basis points may occur through February 2027, impacting EMIs, inflation, and overall growth prospects.
Asia Times·


