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It is back to inflation targeting for the Reserve Bank of India’s (RBI’s) rate-setting committee, when its six members meet to vote on policy rates this week.

Analysts expect a pause in rate cuts from the central bank, and they would be right, considering that the Union budget did precious little to move the needle anywhere for monetary policy.

The last reading on headline retail inflation for the central bank was an unflattering 7.35% for December.

RBI Monetary Policy: Key things to know

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