Inflation in India has moderated but still there is a distance to cover, Reserve Bank Governor Shaktikanta Das said on Friday.
India's retail inflation based on movement in consumer price index (CPI) was at 3.65 per cent in August, making it the second consecutive month of sub-4 per cent inflation. The government has tasked the RBI to ensure that inflation remains at 4 per cent with a margin of 2 per cent on either side.
"Inflation has moderated from its peak of 7.8 per cent in April 2022 into the tolerance band of +/- 2 per cent around the target of 4 per cent, but we still have a distance to cover and cannot afford to look the other way," said Das in a keynote address at the Future of Finance Forum 2024 organised by the Bretton Woods Committee here.
The RBI's projections indicate that inflation is likely to ease from 5.4 per cent in 202324 to 4.5 per cent in 2024-25 and 4.1 per cent in 2025-26.
Diese Geschichte stammt aus der New Delhi 14September2024-Ausgabe von Millennium Post Delhi.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der New Delhi 14September2024-Ausgabe von Millennium Post Delhi.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Health Min Bharadwaj calls for enhanced healthcare vigilance over HMPV concerns
In response to the detection of two Human Metapneumovirus (HMPV) cases in Karnataka, Delhi Health Minister Saurabh Bharadwaj has issued urgent directives to ensure the Capital's healthcare system is prepared for any rise in respiratory illnesses.
Over 10,000 suspicious voter additions in New Delhi: AAP
ALLEGES ELECTION FRAUD, DEMANDS EC ACTION
Janki Chowk in Dwarka gets iconic panther sculptures
EACH SCULPTURE WEIGHS 1.5 TONNES
NDMC's Vice Chairperson Chahal raises concerns over inadequate water supply
Kuljeet Singh Chahal, Vice-Chairman of the New Delhi Municipal Council (NDMC), has raised concerns over the inadequate water supply to New Delhi under Delhi government.
Atishi breaks down, calls out Ramesh Bidhuri's derogatory attack on father
Chief Minister Atishi broke down in tears while addressing the media, condemning BJP candidate Ramesh Bidhuri's derogatory remarks against her ailing 80-year-old father.
State-of-the-art govt school inaugurated in Kirari by CM
SIGNIFICANT MILESTONE IN REGION'S DEVELOPMENT: ATISHI
Light rain in parts of Capital, minimum temp 9.6 degree C
Cold weather conditions persisted in Delhi on Monday with parts of the city receiving light rainfall and the mercury settling at a low of 9.6 degrees Celsius, according to the India Meteorological Department (IMD).
3 Members of Tajpuriya-Mann Gang Held
Weapons Recovered: Police
Guidelines issued for admission under EWS and other categories in Delhi private schools
DoE stated that the online application process will begin on Feb 3 and the last date for submission of applications is Feb 19
Apex Court dismisses challenge to Delhi Waqf administrator
The Supreme Court on Monday refused to examine a plea against the appointment of Delhi government's Principal Secretary (Home) Ashwani Kumar as the Delhi Waqf Board administrator on January 10.