FNCCI is worried that the bi-annual review of the monetary policy of current fiscal year could affect the economic activities which have gained momentum post pandemic.
US consumer prices in December continued to rise at the fastest annual pace in almost 40 years, which could push the Federal Reserve to raise interest rates earlier, the US Labor Department reported on Wednesday.
Finance Minister Janardan Sharma on Friday held a discussion with chief executive officers of 27 Group 'A' commercial banks on the problems facing the banks including a liquidity crunch and financial institutions and the solution needed.