RBI should implement two 25‑bps hikes, oil shock could push inflation above 6.5 pc: Report
New Delhi, Sep 12 (IANS) The Reserve Bank of India (RBI) should implement a 25 basis‑point rate hike by October, followed by another 25 bps in December, as rising global oil and commodity prices and early signs of inflation generalisation warrant pre‑emptive action, a new report has said.