Mumbai, April 22 (IANS) Amid the outlook of elevated energy prices coupled with supply shock due to disruptions in the Strait of Hormuz, which pose a drag on domestic production in 2026-27, the Government’s focus on scaling up domestic manufacturing in several strategic and frontier sectors announced in the Union Budget bodes well for India’s ensuing growth trajectory, according to the minutes of the RBI Monetary Policy Committee (MPC) released on Wednesday.On the external front, merchandise…
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