WPI Inflation Hits 9.87% in June: Mineral Oils & Food Articles Drive Spike Amid West Asia Crisis

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.

India's Q1 GDP Growth Surprises at 7.8%, Manufacturing at 9.2% Despite West Asia Crisis

India's economy defied expectations with a robust 7.8% real GDP growth in Q1 FY26, led by manufacturing at 9.2% and strong services. However, the RBI's 125 bps rate cuts and a GST cut helped, but headwinds like high oil prices (>$80/bbl), deficient monsoon, and slowing global services demand pose a serious stamina test. For exams, this is a classic 'resilience vs. vulnerability' case study for GS3.

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

India's decade-long inflation targeting framework shows limited effectiveness: a flat Phillips curve means rate hikes suppress output and employment without commensurate inflation reduction, while household expectations remain stubbornly above RBI's 4% target. This challenges the core assumption of the monetary policy framework.

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 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.