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So far, India has received 554 million doses, with an estimated 944 million adults 46% receiving at least one dose, while the second dose is 13 of the population. It’s just%. Kara is optimistic about the effects of vaccination. “Given the pace of vaccination, the economy’s ability to process Covid has grown significantly, and even in the second wave, it was not a universal blockade,” Khara said.
The RBI has left interest rates unchanged at a recent monetary policy meeting, but concerns about inflationary pressures on the economy are rising. The RBI has decided to keep its policy repo rate at 4% and continue its accommodative stance as long as necessary to revive and sustain growth. However, the central bank has revised its inflation forecast for the year from 5.1% to 5.7%. Inflation reached 6.3% in May and June and fell to 5.6% in July.
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