RBI Guv lauds Budget, says Rs 1 trn tax relief will not impact inflation

The RBI Governor lauded the budget, stating that the ₹1 trillion tax relief will not impact inflation. This assessment suggests that the government's fiscal measures are not expected to fuel inflationary pressures. The RBI's positive view on the budget provides confidence to investors and the market. This analysis is important for understanding the economic outlook and the interplay between fiscal and monetary policy.