Governor Shaktikanta Das stressed not to modify the existing inflation targeting framework, which aims for a 4% inflation rate. He pointed out food inflation’s significant role in the consumption basket and cautioned that ignoring it may risk the hard-won stability in price levels. The existing framework ensures the credibility of economic stability.
India’s free trade pacts not paused, all talks progressing as per schedule: Official
India is proceeding with its free trade agreement negotiations with various countries and blocs, including the UK and the EU, according to a government official.
November 17, 2024