Highlights: No change in RBI Monetary Policy of 7th April 2021 for this quarter
RBI Monetary Policy: Reserve Bank estimates retail inflation at 5.2 per cent in Q1, Q2FY22 On April 7, the Reserve Bank of India (RBI) said retail inflation would be 5 per cent in Q4FY21. RBI Governor Shaktikanta Das said the Consumer Price Index (CPI) inflation trajectory is likely to come under pressure. Das said retail inflation was 5.2 per cent for Q1 and Q2FY22. Das said CPI inflation for Q3 and Q4FY22 was 4.4 per cent and 5.1 per cent, respectively. RBI Monetary Policy of 7th April 2021 CPI or retail inflation increased up to 5.03 per cent by February 2021, according to the Ministry of Statistics and Program Implementation (MOSPI) on March 12 due to rising food inflation and energy.Constantly high retail inflation is of concern to policy makers, who have limited the ability of the rate-setting panel to cut key policy rates to support a recession-ridden economy. R P Vani The Villain : Smokes and the mirrors ( A Dark billionaire friends -to -enmies -to -loves highschool roman...