This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
8 matching records found
India's central bank raised its repo rate to 5.5% in October 2026, signalling that inflation control now outweighs growth support. The post India’s Rate Hike to 5.5% and What It Means appeared first on The Rio Times.
India’s retail inflation rose to 5.54% in September, its highest level in nearly two years, driven by rising food, fuel and transport costs. Rural households have been hit particularly hard, with food inflation crossing 8%. The surge comes amid elevated global crude oil prices, a weakening rupee and continuing uncertainty in West Asia. With inflation nearing the RBI’s upper tolerance limit, questions are growing over whether another interest rate hike could be on the horizon. This explainer examines what’s driving inflation, why food prices are rising and what it could mean for consumers, investors and the broader economy.
Benchmark 10-year yields jumped to their highest since March 2023 on Monday.
KTGA State president Pattabhiraman T.S. said UPI had evolved into essential public digital infrastructure and had generated significant benefits for governments, banks, payment platforms and the wider economy
The hike reflects a global shift towards tighter monetary policy as central banks battle inflation fuelled by Middle East conflict.
India’s central bank raised interest rates for the first time in nearly four years and signaled further hikes may be on the table as rising inflation and a weakening currency drive a policy pivot. (Source: Bloomberg)
The last repo rate hike was in February 2023, when the RBI raised the rate by 0.25% to 6.50%
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)