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2024

High food prices raise concerns but improved monsoon offers hope for RBI: SBI

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New Delhi [India], August 9 (ANI): The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.

"Current volatility in prices of TOP and pulses continues to challenge the MPC, keeping the headline above targe