Get latest articles and stories on Business at LatestLY. Retail inflation in India eased in January to 5.10 per cent on an annual basis compared to a four-month high of 5.69 per cent in December. Business News | India's Retail Inflation Eases in January; Here's What Experts Have to Say.
Retail inflation in India eased to 5.10% in January, down from 5.69% in December. Inflation rates in rural and urban areas also decreased. While the retail inflation is within the RBI s comfort level, it remains above the ideal 4% scenario. Analysts believe that the RBI may hold interest rates steady until at least the June policy review, but if the trajectory persists, rate cuts may be implemented. The arrival of early harvest and a favorable base effect are expected to alleviate price pressures.
Momentum in housing sales to continue with stable repo rates: Property Consultants financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Fixed deposit interest rate: The Reserve Bank of India (RBI) will announce the decisions of the central banks Monetary Policy Committee (MPC) on February 8, 2024. The central bank is likely to hold the repo rate again in the upcoming monetary policy review, experts say. But this stance may not continue for too long. How does the decision of the RBI MPC impact the investors, especially fixed deposit (FD) customers?