RBI Inflation Targeting at 10 Years: Flat Phillips Curve, Persistent Household Expectation Gap

Global Agencies Upgrade India GDP Forecast to ~7%, RBI May Hike Repo Rate 25 bps as Inflation Pressures Build

Multiple global agencies (ADB, S&P, OECD, Moody's) have raised India's FY26 growth forecast to around 7%, driven by strong IIP, capex, and exports. However, inflation is expected to average 5.1% and the RBI may raise its policy rate by 25 bps, with farm sector risks from El Niño adding to uncertainty.

UPI@10 Years: 86% of Digital Transactions, Government Allows Merchant Fees Under PSS Act Amendment

UPI completes 10 years with 86% of India's digital transactions, but the zero-MDR model is ending. The government has amended the PSS Act to allow merchant fees, aiming to fund the next growth phase in rural areas and cross-border payments. Key challenge: balancing inclusion with sustainability.

CPI Inflation Hits 4.8% (20-Month High), Raises Odds of RBI Rate Hike in October MPC Meet

August CPI inflation surged to a 20-month high of 4.8%, driven by food prices rising 5.7%. This increases the probability of an RBI rate hike in the October MPC meeting, especially with global central banks hiking rates and Brent crude above $100/barrel. For UPSC/Banking aspirants, this is a key data point linking inflation dynamics, monetary policy, and global spillovers.

RBI MPC Status Quo at 5.25% as CPI Inflation Rises to 4.8%, WPI at 9.92%

Retail inflation rose to 4.8% in August 2026, with food inflation at 5.95% and WPI at 9.92%. Broad-based price pressures strengthen the case for an RBI rate hike, despite the MPC keeping repo rate unchanged at 5.25% in August. This is critical for understanding monetary policy direction and the inflation targeting framework.

RBI Repo Rate 5.25%, Real Rate Nears Zero as Inflation at 4.82%

India's real policy rate is shrinking as inflation (4.82% in August) approaches the repo rate (5.25%), potentially hitting zero. With strong demand, high credit growth, and an external oil shock, the RBI faces a timing dilemma on rate action.

RBI Resumes UCB Licensing on 'On Tap' Basis After 20+ Years, Reviews RCB Norms

RBI is resuming licensing of Urban Cooperative Banks after a 20+ year pause, issuing draft guidelines on 'on tap' basis. Alongside, it will review concentration risk management for Rural Cooperative Banks (RCBs) and rationalise the interest rate framework for all regulated entities. This signals a major regulatory shift for the cooperative banking sector, crucial for financial inclusion and banking regulation.

RBI MPC to Hold Repo Rate as Inflation Nears 4% Target Amid Crude Oil, Monsoon Risks

The RBI's MPC meeting on August 5 is expected to maintain status quo on the repo rate. The article explains the key factors influencing this decision: inflation at the 4% target, rising crude oil prices, geopolitical tensions (US-Iran), monsoon deficit due to El Niño, mixed high-frequency growth indicators, and actions of other central banks. Students must understand the trade-offs in monetary policy for prelims and mains.

RBI MPC Keeps Repo Rate at 5.25%, Hikes GDP Growth to 6.7%, Lowers Inflation to 5%

RBI's MPC kept the repo rate unchanged at 5.25% for the second consecutive meeting, balancing growth and inflation amid global uncertainties. GDP growth forecast for FY27 was marginally hiked to 6.7%, while inflation projection was cut to 5%. This decision impacts loan EMIs, deposit rates, and the overall economic outlook, making it a critical topic for exams covering monetary policy and economic indicators.