SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

National News

The Economic Times

National / The Economic Times

details

Inflation could hit 7%, forcing RBI to hike rates by 150 bps further: Report

India's inflation is projected to reach 6-7% due to increasing price pressures and consumer expectations. The Reserve Bank of India has acknowledged risks stemming from rising input costs and resilient domestic demand. Recent trends show that household inflation expectations are significantly higher than headline inflation rates. The RBI has raised its GDP growth projection while revising inflation forecasts upwards to 6% for the upcoming quarter.

12 Oct 2026 11:44 am