Aapki Khabar Aapka Fayda: RBI Hikes Repo Rate By 0.5% To 4.90%, Why Is Inflation Rising?

The Reserve Bank has increased the repo rate by 0.50%. Now the repo rate has increased to 4.90%. RBI Governor Shaktikanta Das announced this to control inflation. Inflation forecast for FY23 raised from 5.7% to 6.7%. There will be less liquidity in the market. Why is inflation increasing? Watch this special report of Aapki Khabar Aapka Fayda.