Reserve Bank of India News

December Sees Retail Inflation Drop to a 4-Month Low at 5.2%, Signaling Easing Food Prices

Retail inflation in India fell to a four-month low of 5.2% in December, driven by lower food prices, yet remains above the 5% threshold. The moderation in food prices, especially v...

December 2024 Sees Consumer Price Inflation Dip to Four-Month Low at 5.22%

Consumer price inflation in December 2024 fell to a four-month low of 5.22%, down from 5.48% in November, mainly due to lower food prices. The Reserve Bank of India adjusted its in...

Rupee Hits 85/$ Mark Amid Fed's Rate Cut Uncertainty

The Indian rupee breached the 85 level against the US dollar due to the Federal Reserve's indication of fewer rate cuts, leading to dollar strength and concerns over RBI's response...

November Sees Easing Inflation and Steady Industrial Growth in India

India's November CPI inflation eased to 5.48%, and October's IIP growth rate was 3.5%. The retail inflation is now within RBI's target range of 2-6%.