By keeping inflation in check, the RBI ensures your savings retain value, your EMIs stay manageable, and your cost of living doesn’t spiral out of control.
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.
As the middle class grapples with inflation, tax burdens, and rising costs of necessities, a significant portion believe not ...
Modi Turns to India's Vast Middle Class to Revive Growth ... Sitharaman said. Increasing living costs have weighed on the popularity of Prime Minister Narendra Modi, with one survey showing ...