Prices In Inda News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nomura predicts India s retail inflation rate may exceed the central bank s 6% tolerance ceiling again due to sticky pulses and cereal prices, leading policymakers to raise the inflation target in August. Nomura expects headline inflation to increase to 6%-6.5% in July and August from June s 4.8%, before settling in the 5%-6% range in the remainder of the fiscal year FY24. Nomura also pushed back the rate cut chances by the RBI s Monetary Policy Committee to February next year. ....

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