Inflation based on Consumer Price Index (CPI) cooled down to 5.3% in August, from 5.59% in July as food prices fell, according to data released by the government’s statistics agency. The retail inflation has remained within the central bank’s target ...
Indian central bank concluded its three-day monetary policy committee meeting on August 6 and unanimously decided to keep the policy repo rate unchanged at 4%. On a 5to 1 majority, RBI also decided to continue its accommodative stance to support ...