The Economic Times

India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth

India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy is projected for continued robust growth.