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Retail inflation eases to 7.01% in June, industrial output grows 19.6% in May
Rural inflation increased marginally to 7.09% in June from 7.08% in May, while urban inflation saw a sharp downturn to 6.92% during the month.
Rural inflation increased marginally to 7.09% in June from 7.08% in May, while urban inflation saw a sharp downturn to 6.92% during the month.
RBI is "much ahead of the curve” in controlling inflation and the Fed can borrow a template from it to control U.S. inflation, says SBI Research.
Ex-RBI governor thinks inflation situation is different in India. There are elements of supply chain issues and commodity price rises but the imbalance is due to higher spending by upper-middle-class.