October 9, 2026 3:06 PM

RBI Signals Calibrated Tightening as World Bank Lifts India’s Growth Outlook to 7.1%

Inside This Week's Economic Brief This week's Economic Brief covers RBI's calibrated tightening stance, the World Bank's upgraded 7.1% FY27 growth forecast, India's FTA utilization push, rare earth magnet manufacturing, and Aramco's warning on thin global oil inventories. This week's edition of The Economic Brief on DD India examined five major stories: RBI Governor Sanjay Malhotra's clarification on monetary policy stance, the World Bank's upgraded growth outlook for India, a renewed push to ...

October 7, 2026 10:26 AM

RBI set to announce repo rate decision amid geopolitical tensions

The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, is set to announce its bi-monthly interest rate decision on Wednesday amid challenging conditions, including rising inflation and crude oil prices above USD 100 a barrel, driven by tensions in the Middle East.   The six-member committee will conclude its three-day review against the backdrop of rising domestic inflation and shifting global macroeconomic conditions.   Economists expect the RBI to...

August 13, 2026 2:06 AM

India’s retail inflation rises to 4.45% in July, food inflation at 5.52%

India’s retail inflation rose to 4.45 per cent in July 2026, according to the latest Consumer Price Index (CPI) data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday. The inflation rate was 4.38 per cent in June. The CPI-based inflation rate for July, calculated on the new 2024=100 base, stood at 4.84 per cent in rural areas and 3.96 per cent in urban areas, compared with 4.74 per cent and 3.93 per cent, respectively, in June. Food inflation rises to 5...

February 13, 2026 11:23 AM

Revised CPI series to improve monetary, fiscal policy decisions: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran said on Thursday that the revised base year of the Consumer Price Index (CPI), now set at 2024, will significantly improve the quality of monetary and fiscal policymaking, as it better reflects current consumption patterns and price structures. Speaking at the launch of the new CPI series, Nageswaran said the updated index provides policymakers with a more accurate basis to assess real incomes, purchasing power and consumption trends. “The new CPI ...

December 15, 2025 1:03 PM

Q3 CPI inflation expected at 0.4 pc: BoB report

India’s retail inflation is expected to remain well under control in the third quarter of FY26, with headline CPI inflation likely to settle at 0.4 per cent, slightly lower than the Reserve Bank of India’s projection of 0.6 per cent, according to a report by Bank of Baroda on Monday. The bank said easing food prices and stable core inflation have continued to provide relief to consumers despite some recent sequential rise in vegetable prices. The report noted that CPI inflation continued t...

December 5, 2025 11:34 AM

Rare goldilocks period: RBI Governor points to India’s high economic growth, low inflation phase

RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that marks high economic growth and exceptionally low inflation. The RBI reduced the policy repo rate by 25 basis points to 5.25 per cent, following a unanimous decision of the Monetary Policy Committee (MPC) at its meeting held from December 3 to 5. The committee cited strong growth indicators and sharply lower inflation as key factors enabling the rate cut. Announcing the ...

December 5, 2025 10:58 AM

RBI Governor revises inflation outlook downward to 2% for FY26, cuts projection by 0.6%

The Reserve Bank of India (RBI) on Friday revised its inflation outlook for the current financial year, FY26, projecting Consumer Price Index (CPI) inflation at 2 per cent—down by 0.6 percentage points from its earlier estimate. The announcement was made by RBI Governor Sanjay Malhotra while presenting the monetary policy. He said, “Inflation is likely to be softer than what was projected in October, mainly due to the fall in food prices. Considering all these factors, CPI inflation for th...

September 12, 2025 5:46 PM

CPI inflation inches up to 2.07% in August 2025, well within RBI target

India’s consumer price inflation rose to 2.07 percent in August 2025, according to provisional data released by the Ministry of Statistics and Programme Implementation. This marks an increase of 46 basis points from July, reflecting a modest uptick in overall prices while remaining well within the Reserve Bank of India’s comfort zone. Despite the rise in headline inflation, food prices continued to remain in negative territory for the third consecutive month, recording a decline of 0.69 per...

June 6, 2025 2:11 PM

RBI reduces inflation forecast to 3.7% for 2025-26

The Reserve Bank of India has revised its inflation outlook for 2025-26 downwards from the earlier forecast of 4 per cent to 3.7 per cent, said RBI Governor Sanjay Malhotra on Friday. The RBI Governor pointed out that CPI headline inflation continued its declining trajectory in March-April, with headline CPI inflation moderating to a nearly six-year low of 3.2 per cent (year-on-year) in April 2025. This was led mainly by food inflation, which recorded the sixth consecutive monthly decline. He ...

March 18, 2025 11:20 AM

India’s CPI Inflation to Average 4% in FY26, 75 bps Rate Easing Likely: Morgan Stanley

A report by Morgan Stanley on Tuesday projected that India’s consumer price index (CPI) inflation is expected to average 4% in FY26, paving the way for a cumulative 75 basis points (bps) rate cut by the Reserve Bank of India (RBI)—an upward revision from the previously estimated 50 bps easing cycle. The report noted that lower trailing inflation, primarily due to easing food prices, has created space for additional rate cuts. "We have updated our monetary policy outlook to incorporate one ...