The government of India and RBI are keeping a keen eye on inflation. Read More >>
RBI Governor Shaktikanta Das reiterates the RBI's commitment to reducing inflation to 4%, keeping a vigilant eye on global supply shocks.
The government has mandated RBI to maintain 4% inflation with a 2% margin on both sides.
Recurring food price shocks pose a risk to inflation expectations. Timely supply-side interventions are crucial to managing them.
Inflation, which reached 7.4% in July due to rising vegetable prices, is now showing signs of moderation.