India adopted the flexible inflation-targeting framework in 2016, under which the RBI is mandated to keep headline retail inflation at a target set by the government.
The Flipkart GOAT Sale starts on July 4, with Flipkart Plus and Flipkart Black members getting early access on July 3. Several iPhone models will be on sale.
RITES offers an attractive dividend yield of 4-5%, further strengthening its appeal for investors seeking steady cash flows alongside growth, adds the brokerage.