The six-member MPC is responsible for setting policy interest rates and framing monetary policy to control inflation and support economic growth in the country
Read More
The apex bank’s governor states that Inflation is gradually trending down, but the pace is slow and uneven. The durable alignment of inflation to the target of 4 per cent is still some distance away
Read More
Food inflation remains the biggest headache for the apex bank as it slows the process of disinflation. With a weight of around 46 per cent in the CPI basket, the food inflation contributed to more than 75 per cent of the headline inflation in May and June
Read More
