RBI raises retail inflation projection for FY22 to 5.7 per cent
Business | Aug 06, 2021, 12:11 PM ISTIn the previous Monetary Policy Committee (MPC) meeting in June, the RB''s CPI inflation projection for the current fiscal stood at 5.1 per cent.
In the previous Monetary Policy Committee (MPC) meeting in June, the RB''s CPI inflation projection for the current fiscal stood at 5.1 per cent.
The Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2 per cent, saying it has returned within the "tolerance band".
The factors that are likely to impact inflation number going forward include volatility in the global financial markets, oil prices, MSP pass-through and staggered impact of HRA increases by states.
New Delhi, Nov 20: Planning Commission Deputy Chairman Montek Singh Ahluwalia today conceded that he went wrong while projecting moderation in inflation which remains near the double-digit mark.“It is true that we were hoping that
'Win from Raebareli before you challenge': Garry Kasparov taunts Rahul over best chess player remark
From Kohli's full-toss dismissal to Dhoni's wide call, 5 controversial incidents in IPL 2024
Kaiserganj Lok Sabha Elections 2024: Karan Bhushan Singh vs Ram Bhagat Mishra vs Narendra Pandey
‘Hindus have become second class citizens in Bengal’: PM Modi slams Mamata govt
Canadian Police arrest suspects in Khalistani terrorist Nijjar's killing: Reports
Why is Sunil Narine not playing for West Indies in T20 World Cup?
Israel shared Intel transcripts on Rajiv Gandhi but it went missing after his assassination: Expert
Mayank Yadav, Deepak Chahar doubtful for remainder of IPL 2024, reports
Top News
Latest News