Sticky Inflation

 Context: Recently RBI has refrained from cutting interest rates despite declining retail inflation rates, which have hovered near the 4% mark since September 2023.   What is Sticky Inflation? It’s refers to a situation where inflation rates remain relatively high or stable over time, despite changes in economic conditions or monetary policy. This phenomenon is …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 25 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …