RBI Governor Shaktikanta Das in his latest monetary policy statement had expressed concern over "sticky and elevated" core inflation, holding that the battle against inflation was not over yet
RBI, in its latest monetary policy committee meeting had raised the rates by 50bps to 5.4 per cent, higher than the pre-pandemic level.
The possibility of a slowdown in bond buying is also in focus leading up to a European Central Bank meeting on Thursday, and both concerns kept a lid on price moves in Asia
Retail inflation slowed to 6.58 per cent in February over the previous month mainly due to easing food prices
India's retail inflation for the month of November touched 5.54% compared to 4.62% in the month of October
PM Modi is scheduled to visit Jharkhand, where he will dedicate pension schemes to the nation
During April-January 2018-19, industrial output grew at 4.4 per cent as against 4.1 per cent in the same period previous fiscal
RBI will be considering this set of data for formulating its next bi-monthly monetary policy on October 5
Coal production grew 10.6% in Sept from a year ago, while refinery products output grew 8.1%