The Reserve Bank of India (RBI) raised its inflation forecast for fiscal year 2025 to 4.8% due to a surge in food prices. Retail inflation hit 6.2% in October. While near-term inflation remains high, the RBI expects moderation in the fourth quarter due to easing vegetable prices and strong harvests. The RBI maintained its benchmark repo rate at 6.
Related Posts
Fog disrupts Delhi: Over 40 trains delayed amid cold wave
Fog caused delays for over 41 trains in Delhi on Sunday, with some experiencing delays of over three hours. Key affected trains included the KIR-ASR […]
Happy father’s day: 75+ messages, greetings, wishes, and quotes
Father’s Day, celebrated globally on the third Sunday of June, honors fathers and father figures for their guidance and love. Originating in the US in […]
7% of Indians use narcotics, says Amit Shah, vows to fight menace
Union home minister Amit Shah revealed that 7% of India’s population is involved in illegal drug use. He highlighted the government’s efforts to eliminate this […]