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flag India's Central Bank Governor assures no imminent rate cuts despite rising inflation concerns.

flag India's Central Bank Governor, Shaktikanta Das, emphasized that a recent shift to a neutral monetary policy does not imply an imminent interest rate cut. flag He highlighted ongoing inflation concerns, which rose from 3.65% to 5.49% due to higher food prices. flag Das stated that any rate reduction would only be considered once inflation sustainably reaches the RBI's target of 4%. flag He remains confident in the resilience of India’s economy amid global uncertainties.

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