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.
Denne historien er fra New Delhi 14September2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra New Delhi 14September2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Song Kang-Ho boards CAST OF 'BEEF' S2
The actor will star alongside Oscar Isaac, Carey Mulligan, Charles Meston and Cailee Spaeny and Youn Yuh-jung
Arjun opens up about parents' ‘TRAUMATIC’ SEPARATION
He reflected on how these experiences have shaped him
Step into a Christmas wonderland at Eros Hotel
Eros Hotel, Nehru Place, has transformed into a magical Christmas wonderland, straight out of a 'Disney' dream.
'Aishwarya told me that I remind her of Amitabh Bachchan'
Sonu Sood and Rai played on-screen siblings in the film 'Jodhaa Akbar'
'Old guard of Bollywood has lost touch with reality'
Varun Dhawan, who is currently promoting his upcoming film 'Baby John', recently spoke about the need for more diverse representation in Bollywood.
With wrist spinner needed for CT, all eyes on TN's Varun Chakravarthy
With India set to play Champions Trophy in less than eight weeks' time, a quality wrist-spinner, a second wicketkeeper to back up Rishabh Pant and the form of key pacers will be in focus during the upcoming National One Day Championship for the Vijay Hazare Trophy starting on Saturday across the country.
Celebrate Christmas Eve dinners and brunch with LOVED ONES
This Christmas Eve, celebrate under the stars with an elegant dining experience at \"The Lawn\" of Le Meridien New Delhi.
ISL: FC Goa beat Mohun Bagan 2-1
BRISON DOUBLE ENDS MARINERS' WINNING STREAK
India should have a hard approach against West Indies in ODIs: Richa
Wicketkeeper-batter Richa Ghosh has urged the Indian women's team not to take the foot off the pedal after their T20I series victory, but to adopt a more aggressive approach when they face West Indies in the upcoming three ODIs.
I will be with you at MCG: Ashwin tells Kohli
\"I will be walking out with you to bat at the MCG,\" R Ashwin told Virat Kohli in a short note on X Friday, a subtle and endearing demonstration of their closeness in the team.
