Inflation seen hitting RBI's 6% ceiling in October, putting rate policy in focus
New Delhi, Nov. 11 -- India's retail inflation is likely to hit 6% in October, a two-year high that would push the Reserve Bank of India (RBI) to keep interest rates elevated and possibly raise them again in December.The Consumer Price Index is projected to rise 6%, from 5.5% in September, accordin…
New Delhi, Nov. 11 -- India's retail inflation is likely to hit 6% in October, a two-year high that would push the Reserve Bank of India (RBI) to keep interest rates elevated and possibly raise them again in December.The Consumer Price Index is projected to rise 6%, from 5.5% in September, accordin…