Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation should not be the sole factor in such decisions. He expressed his personal view,

India’s central bank governor said an easing in the monetary policy stance doesn’t mean interest rates will be cut at the very next meeting.

Retail inflation rose to a 14-month high of 6.2 per cent that month, partly driven by a 42 per cent rise in vegetable prices

Foreign banks speculate on RBI's rate stance for December MPC meeting amid rising inflation and slowing economic growth.

The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively,