Tag: RBI Inflation target

RBI has raised concerns over rising digital fraud cases and unresolved customer complaints across banks. (REUTERS)
Posted in Business

Govt seen unlikely to change RBI inflation target in upcoming revision| Business News

The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in…

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Posted in Economy

India’s retail inflation quickens to 0.71% in November from record low of 0.25% in October

India’s retail inflation quickened to 0.71% in November on an annual basis, as against a record low of 0.25% in October, as food prices firmed…

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With India's inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh says. (Reuters)
Posted in Business

RBI’s inflation-forecast model under increasing scrutiny amid record-low numbers| Business News

The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year,…

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