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NewsBLFriday, 18 September 2026NEW

India’s ‘sugar high’ warrants caution on RBI hikes: JP Morgan Chase

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Summary
Sustained interest rate hikes would impact both investment and consumption, says JPMorgan Chase’s Aziz
Key Facts
TypeNews
SourceBusinessLine - Economy
PublishedFriday, 18 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
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Finance & Economy671 tracked→
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