Amid world’s worst Covid outbreak, rising inflation risks RBI’s monetary easing SECTIONS Last Updated: Apr 28, 2021, 07:17 AM IST Share Synopsis Consumer price inflation is on course to test the upper limit of the its 2%-6% target ETRetail Related By Anirban Nag The world’s worst Covid-19 outbreak in India risks fanning price pressures, threatening to limit options for the inflation-focused central bank to support the economy. Provincial curbs to stem the virus are disrupting domestic supply chains, risking higher prices for everything from essential drugs to cars. A recent weakening in the rupee is worsening the situation, boosting the local cost of imported oil and other raw materials for manufacturing.