Despite holding the repo rate steady, the Reserve Bank of India's significantly upgraded inflation forecasts signal a strong likelihood of rate hikes from August. Anubhuti Sahay of Standard Chartered highlights that elevated inflation projections, coupled with upside risks from oil prices and El Niño, suggest a deliberate sequencing of policy tools, with further rate increases firmly in view.

India's central bank is likely to maintain current interest rates. Despite rising fuel costs and potential monsoon issues, a key inflation measure remains low. Experts suggest…

The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an uncertain food outlook. Governor Sanjay Malhotra warned that higher input…

The Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its forecasts for economic growth and inflation.…