CPI inflation Current Affairs, GK & News

NSO Data on Retail Inflation and IIP

October 14, 2021

National Statistical Office (NSO) released its data on “retail inflation and Index of Industrial Production (IIP)” on October 12, 2021. Key facts As per IMF, India’s retail inflation relaxed in September 2021, reducing to a five-month low. This was because of favourable comparison with year 2020 and moderating food prices that offset an increase in ..

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RBI Monetary Policy Committee Announcements

October 8, 2021

Three-membered Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained an accommodative stance and kept the repo rate unchanged at 4 per cent, in order to revive & sustain growth and reduce the impact of Covid-19 pandemic. Key points Monetary Policy Committee has also ensured that inflation remains within the target. Reverse ..

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