Data released by India’s government agencies showed inflation being at elevated levels due to rising food inflation and unfavourable base.India’s benchmark inflation rate, measured by the Consumer Price Index (CPI) rose to a seven-month high of 6.01 per cent on ...
India’s central bank concluded its three-day monetary policy meeting on Feb 10. The Monetary Policy Committee (MPC) kept key interest rates unchanged and maintained an accommodative policy stance.The Reserve Bank of India (RBI) Governor Shaktikanta Das said that the MPC ...
Inflation has been on the rise for the past few months and it is a contentious issue for all central bankers around the world. Markets have reacted sharply to the US central bank’s plans to increase interest rate aggressively in ...