US Fed signals aggressive rate hike: how will it impact Indian economy?

By Gyanendra Kumar KeshriNew Delhi [India], September 22 (ANI): The Federal Reserve, the central bank of the United States, on Wednesday hiked policy interest rate by 75 basis points. This is the third straight increase in interest rate by the Federal Reserve since June and it has signalled more large increases in the months to come.

How will the aggressive rate hike by the US Federal Reserve impact the Indian economy? A