Governor of the Reserve Bank of India (RBI), Shaktikanta Das said the recent spike in food inflation looks transient but added that the central bank needed to wait for a confirmation of this. The comments come after the RBI decided to hold interest rates during the monetary policy review earlier this month. Commenting that food […]
GDP growth slowed for the third consecutive quarter in the October-December 2018 period, according to data released on Thursday. Growth fell to 6.6% in the third quarter, the lowest in the last six quarters. The slowdown was led by agriculture, which is estimated to grow at 2.7%, against the earlier estimate of 3.8%. Data showed […]
The consumer price index (CPI)-based inflation, which had stayed elevated in the last few months, is expected to soften during the course of the financial year, the Reserve Bank of India (RBI) said in its monetary policy report (MPR). “CPI inflation is tentatively projected to ease from 4.8% in Q1 of 2020-21 to 4.4% in […]
