Retail inflation forecast Current Affairs, GK & News

Retail Inflation and Index of Industrial Production (IIP)- Update

The National Statistical Office (NSO) released data on India’s retail inflation and Index of Industrial Production (IIP) on July 12, 2022. NSO data on inflation According to NSO data, in June 2022, the retail inflation was more than the upper tolerance limit of RBI for the sixth consecutive month. This has increased the chances of ..

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RBI Monetary Policy review: Repo rate lowest since 2010

The Reserve bank of India (RBI) in its bi-monthly monetary policy review reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect. This is RBI’s third cut this year and has reduced Repo rate at lowest since 2010. Key Highlights With Repo Rate adjusted to 5.75%, consequently Reverse Repo Rate ..

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