Now, as the situation is somewhat improving and the new year is around the corner, many might have plans to rejig the home décor, for instance, by bringing a new TV in the household.
Crisil expects a hike in the reverse repo rate in February next to narrow the corridor with the repo rate to 25 bps from the present 65 bps and a 25 bps repo rate hike in March 2022.
CII has urged the government to continue its investment focus and enhance capital expenditure in areas such as infrastructure to promote growth in the economy at a time when consumption demand has not picked up adequately.
