US FED RATE HIKE Timing, Implications, Hangover

This purpose of this paper is to understand the implications of a US Federal Rate Hike in general and specifically on India. The monetary policies have huge impact not only on the domestic market but also affects the other economies that have trading relations with the concerned nation. This paper will help in clearly understanding the effects of the US Federal Rate Hike, what other things get affected and how India has handled these over the times.