Categories: Economy

RBI projected Retail (CPI) inflation at 5.3% for 2021-22

The RBI has projected the CPI inflation at 5.3 per cent for 2021-22. According to MoSPI data, inflation in the food basket rose to 0.85 per cent in October, compared to 0.68 per cent in the preceding month. India’s retail inflation rate, measured by the Consumer Price Index (CPI), rose slightly in October to 4.48% year-on-year from 35% in September due to an uptick in food prices. The inflation was 61% in October last year.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • RBI Founded: April 1, 1935;
  • RBI Headquarters: Mumbai, Maharashtra;
  • RBI Governor: Shaktikanta Das;
  • RBI Deputy Governors: Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, T Rabi Sankar.

Find More News on Economy Here

Sumit Arora

Recent Posts

Top-10 Milk Consuming Countries in the World 2024

Milk, a fundamental source of nutrition and culinary inspiration, binds diverse societies worldwide through its…

2 hours ago

Oxford Bookstores Honours Excellence in Book Design and Visual Arts

Oxford Bookstores announced Bhavi Mehta as the winner of the 9th edition of the Oxford…

2 hours ago

Renowned Urdu Writer Salam Bin Razzaq Passes Away at 83

Shaikh Abdussalam Abdurrazzaq, the renowned Urdu litterateur and academician, popularly known by his pseudonym Salam…

3 hours ago

To-10 Honey Producing States in India 2024

In recent years, India has witnessed a significant surge in its honey production, emerging as…

3 hours ago

Manipur Launches “School on Wheels” Initiative for Students in Relief Camps

Amidst the aftermath of ethnic strife and severe hailstorms, Manipur's government introduces the "School on…

4 hours ago

Appointment of Subodh Kumar (IAS) as Director in Ministry of Ayush

Subodh Kumar (IAS), a 2010-batch Indian Administrative Service officer of Tamil Nadu cadre, has been…

4 hours ago