The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...
In view of stubborn food inflation and sticky inflation expectations in this regard, a rate cut demand seems misplaced ...
BENGALURU (Reuters) - Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of economists showed, bolstering expectations for an interest ...
The food inflation rate in India has remained firm over the past two years defying the global trend, and frequent extreme weather events are one of the reasons, the government said in its latest ...
NEW DELHI (Reuters) -India's annual retail inflation in December eased to a four-month low, government data showed on Monday, boosting hopes of the country's central bank cutting interest rates in ...