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Monetary policy: RBI leaves inflation projection for FY24 unchanged at 5.4%, but...

RBI MPC Meeting: The Reserve Bank of India (RBI) has maintained its inflation forecast for the fiscal year at 5.4%, despite concerns over uneven monsoons and rising global crude oil prices. The RBI s Monetary Policy Committee has kept the key lending rate unchanged at 6.5%, with a focus on withdrawing accommodation. The inflation outlook is uncertain due to factors such as lower oil reserves, volatile global food and energy prices, and the impact of El Nino. The RBI aims to bring inflation down to 4% and will closely monitor risks, including global supply shocks. ....

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RBI maintains status quo, keeps repo rate constant at 6.5%

This is the fourth time RBI has kept the repo rate unchanged. | Latest News India ....

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BBCNEWS BBC News June 4, 2024 13:47:00

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RBI raises inflation forecast to 6.7% for 2022-2023

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Retail inflation expected to be around 5.3 per cent in current fiscal: RBI

The inflation trajectory is likely to be in line with our earlier projections, Das said ....

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