Outlook on Indian economy upbeat, but Omicron calls for caution, says RBI research paper

India’s retail inflation, measured by the consumer price index (CPI), rose to 4.9% in November, but remained within the upper tolerance band of 6%. The wholesale price index however rose to 14.23% in the same month, making it the eighth consecutive month of double digit rise. The inflation-targeting central bank takes CPI as the proxy for price rises.

from Economy-News-Economic Times https://ift.tt/3q0HolC