Food Inflation and Interest Rates "Flawed";

Piyush Goyal Calls Link Between Food Inflation and Interest Rates “Flawed”; RBI Governor Responds

Union Minister Piyush Goyal has criticized the idea that food inflation should influence the Reserve Bank of India's (RBI) interest rate decisions, describing it as an "absolutely flawed theory." Speaking at a CNBC-TV18 event in Mumbai, Goyal argued that food inflation is primarily driven by supply and demand factors, not...