/connect-gujarat-english/media/post_banners/6c2a74a31e803216846ca40dbfc8c0d9ab18e5599e4825f27d84e3fbe36abdb6.webp)
/connect-gujarat-english/media/post_banners/e8cba0cc391695e2da9fe64069ea92ad4d5c32e473ea3028a2d9afc53bb1e2ac.webp)
Retail inflation eases to 6.77% in Oct, but stays above RBI's tolerance band
This is the 10th consecutive time that the CPI print has come above the Reserve Bank of India's (RBI) upper margin of 6%
/connect-gujarat-english/media/post_banners/e64a9081a900e4fcbdadcae7df1410dcacc595a07a0d3d536a4d5a453f4cf2e6.webp)
RBI hikes repo rate by 50 bps to combat inflation
This is the fourth straight increase in the last five months, which saw the rates increase by 190 basis points
/connect-gujarat-english/media/post_banners/425b53d960c515b031ec7e8a2a528464aa29802e78db8c63f0f4ac47c0ba09d9.webp)
Infrastructure spending can curb supply-side inflation, says RBI official
The central bank official was speaking at an event in the national capital
/connect-gujarat-english/media/post_banners/09660997fedaa677a667ccf5575c43032c8c847d137c6f3cf25366d511a4429f.webp)
RBI raises repo rates to 5.4 per cent to tame inflation
This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June
/connect-gujarat-english/media/post_banners/2dc14691943f021b31736202da56887e5a8d27373fd336c367ef4a1c5b6f3348.webp)
EMIs to go costlier as RBI plans to hike repo rate by 35-50 Bps
For the unversed, this will be RBI’s third consecutive policy rate hike to check elevated retail inflation
/connect-gujarat-english/media/post_banners/0bd77d739c2760094acc02320c872cdb0be1d29e6660ccfbc0319d3a56f666d3.webp)
RBI allows linking credit cards with UPI for easy transaction, to start with RuPay
UPI has become the most inclusive mode of payment in India
/connect-gujarat-english/media/post_banners/69f2d9cf05405f95306c847cd711ef83d898286c066b48cbb38fb118d3665291.webp)
RBI monetary policy: Repo rate hiked by 50 bps
In May, a 40 bps rate hike was announced mid-cycle, surprising many
/connect-gujarat-english/media/post_banners/991ce2a52a8a7b015002728f1cb8c291dbfbe8e714b7fa5875ac03fd7d2e9bbf.webp)
/connect-gujarat-english/media/post_banners/cd674e58cdc9bb63993d50717a6a79624e79f7ae6a043c627642047fb21c4376.webp)