India's retail inflation slowed to 4.31% in January from 5.22% in December, government data released on Wednesday showed.
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
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India’s consumer inflation likely declined sharply to a five-month low of 4.60% in January, down from 5.22% in December, as food price increases slowed, according to a Reuters poll of economists.
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India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...
BENGALURU (Reuters) - India's consumer inflation likely fell sharply to a five-month low of 4.60% in January from 5.22% in December on slowing food price rises, according to economists polled by ...
Last year, India's economy grew at a rate of 8%. The RBI forecast growth of 6.7% next year. Malhotra has been less hawkish than his predecessor while also reducing intervention to maintain the ...