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The sharp surge in inflation in India will require front-loading of interest rate increases, two members of the central bank's Monetary Policy Committee (MPC) said in minutes of its May 4 meeting released on Wednesday. ....
The minutes of the latest RBI monetary policy committee (MPC) meeting released on Friday showed the central bank has shifted its focus to fighting surging inflation even as growth worries remain. ....
India's inflation data for March suggests spiralling price pressures, but that does not yet fully reflect the fallout of the Ukraine war, which has pushed energy rates and commodities' costs to surge. ....
The Reserve Bank of India may be forced to act faster on policy tightening after data showed retail inflation spiked sharply to nearly 7 per cent in March, and the fallout of the Ukraine war pushing energy rates higher was expected to add to the already spiralling price pressures. ....
The Reserve Bank of India may be forced to act faster on policy tightening after data showed retail inflation spiked sharply to nearly 7 per cent in March, and the fallout of the Ukraine war pushing energy rates higher was expected to add to the already spiralling price pressures. ....