Inflation

The RBI’s latest surveys offer a glimpse into the public expectations on inflation

PFRDA says planning inflation-linked NPS products to protect retirees’ returns

NPS to offer same tax benefits to new inflation-protected payouts; 100% equity option already available

India’s 8% growth hinges on private investment revival, says Michael Patra

Government’s capital expenditure has played its part and consumption now holds the key to sustaining growth, the former RBI deputy Governor tells Moneycontrol

RBI Post-Policy Presser LIVE | Governor Sanjay Malhotra Addresses GDP Growth, Inflation & Rupee

The Reserve Bank of India (RBI) today maintained a status quo on repo rate and policy stance, highlighting India's favourable growth-inflation dynamics. Meeting Street expectations, RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5 per cent, and maintained the policy stance as ‘neutral’. RBI MPC addresses the media after the monetary policy announcement.

OPINION | There’s a window of opportunity now for a repo rate cut

Inflation’s low but urban consumption is tepid, investment cycle is yet to pick up and geopolitical uncertainty is a dampener. Fiscal support’s come through GST rate adjustments. Monetary policy needs to complement it

Southern states to gain most from GST cuts

Kerala’s CPI could fall 1.37 percentage points; overall impact may lower national inflation by nearly 1 percentage point

OECD lifts India’s FY26 growth outlook to 6.7 percent, inflation seen below 3 percent

India’s GDP growth rose by 7.8 percent in the first quarter of FY26, its fastest pace in five quarters, beating most forecasts, and policymakers expect the momentum to stay strong during the second quarter as well.

RBI to back sticking with headline inflation target ahead of review: Sources

The Reserve Bank of India (RBI) had sought views from economists, market participants and other stakeholders ahead of March 2026, when that target is set to expire.

Retail inflation rises to 2.07% in August

July retail inflation revised to 1.61%

Apple iPhones in India get costlier for first time in five years, but still trail CPI inflation

The slower price rise in Apple devices mirrors the broader trend in India’s mobile phone market which has seen an inflation of 25 percent between 2019 and 2024, slightly below the iPhone increase but much lower than the headline consumer price index.

Chart of the Day | How lower indirect taxes could ease pressure on inflation

With recent GST reforms easing inflationary pressures and fiscal deficit projections intact, Mint Road gains more policy space while staying firmly data dependent.

Inflation risks loom as PMI data show strongest growth in 17 years

Robust demand and pricing power point to a heating economy and core inflation pressures, even as policymakers approve additional stimulus through GST rate cuts

Wholesale inflation falls to 25-month low of -0.58% in July

The decline in WPI aligns with the easing of retail inflation, which slipped to an eight-year low of 1.6 percent in July as food inflation slipped further

Analysts trim FY26 CPI forecast to 2.7% after July print, may undershoot RBI's estimate

India’s retail inflation eased to 1.6 percent in July, the lowest in over eight years, prompting economists to cut FY26 CPI forecasts below the RBI’s estimate.

Cheaper veggies, costlier cheers: beer and country liquor prices surge

While food deflation pulls overall inflation down, alcohol prices buck the trend with sharp summer gains

An 8-year low retail inflation is more arithmetic than rate cut signal

Can a declining inflation and a rising one trigger the same central bank response?

India’s retail inflation eases to eight-year low of 1.55% in July

Retail inflation has been below 4 percent for six months, averaging under 3 percent since April

Govt favours retaining current inflation targeting framework from FY27 for another 5 years

This is because the weight of food in the CPI basket is likely to come down; therefore, the RBI may continue to target headline inflation, with a mandate of keeping the rate at 4 percent along with a tolerance band of 2 percentage points on either side. The current framework is valid until March 2026.

Mint Road signals watchful pause

In a world marked by uncertainty, anchoring expectations and a data-driven policy approach remain key to preserving macroeconomic stability

Keep calm and carry on is RBI’s message

A calibrated approach while steering policies to bolster domestic growth and preparing to act if external shocks, especially tariffs, begin to weigh more heavily on recovery can be the most prudent way forward. RBI will thus remain data dependent, closely tracking the evolving developments, especially on external front

Trump’s renewed tariff threats may have played a role in RBI’s status quo on rates

The Reserve Bank of India’s status quo on the benchmark policy rate indicated that it requires further clarity on the quantum of tariffs that Trump may finally levy on New Delhi, according to economists and experts.

Extended pause in RBI’s policy rate has likely started

With unchanged rates in this meeting, an extended pause is now underway. By the time the data starts showing a slowdown in quarterly GDP growth prints, inflation will likely have normalised to above 4%. This would surely constrain further monetary easing, going ahead 

Will Trump's tariff threats impact India's growth and inflation outlook? Here's what RBI thinks

The RBI governor hoped that India and the US will reach an “amicable solution” for both nations' trade concerns

More-than-expected rains, falling rupee heat up prices of key food items: Report

Edible oils, rice, flours and vegetables have recorded sharp increase in the prices, the report said

India, US & Russia: The great ‘pot and kettle’ game

India is not defending Russia’s war in Ukraine. It is defending its sovereign right to economic stability in the face of volatile global energy politics. It defends the principle that developing economies should not be asked to make sacrifices that wealthier nations themselves are unwilling to make