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Latest News

The CPI
The Consumer Price Index (Combined) inflation for April 2022 printed at 7.79% as compared to the revised reading of 6.95% in the previous month.
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Headline WPI inflation
Headline WPI inflation for April 2022 printed at 15.08%, marginally higher than 14.55% in March 2022.
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IIP growth
IIP growth for March 2022 printed at 1.85%, marginally higher than the reading of 1.46% in February 2022, on a year-on-year basis
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Real gross domestic product
Real gross domestic product for Q3FY22 noted a growth of 5.4% on a year on year basis, aided by a moderate pickup in activity across segments. Also, GDP expanded by 6.4% on a quarter on quarter basis and by 6.2% from Q3FY20 levels
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The MPC
The MPC unanimously decided to hike the policy Repo rate by 40 bps in an off-cycle meeting held on May 02 and May 04, 2022. Consequently, key policy rates stand as follows: Standing Deposit Facility rate at 4.15%, Repo rate at 4.40% and Marginal Standing Facility and Bank rate at 4.65%.
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