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Sunday, Jun 8, 2025
Will keep a tight vigil on infaltion, RBI governor Das said.
RBI Governor Shaktikanta Das on Thursday said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
The Reserve Bank of India's (RBI) monetary policy committee left the benchmark repo rate unchanged at 6.50% for a fifth consecutive meeting in December.
In a world beset by economic volatility, India has managed to stay the course of high growth and succeeded in moderating inflation.
The high vegetable prices have also begun to reflect on the restaurant menus.
This is the fourth straight month when retail inflation has declined and the third straight month of Consumer Price Index (CPI) based inflation remaining within the RBI's comfort zone of below 6 per cent.
Central bank's annual report says new stress events in global financial system could pose downside risks to growth
This was the lowest reading since December 2021 which was at 5.59 per cent.
In rural areas, the price increase is 6.85 per cent and in urban areas, it is 6 per cent.
Kristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation."
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