• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Inflation outlook highly uncertain says RBI Governor

|

Mumbai, May 22: Reserve Bank Governor Shaktikanta Das on Friday said the inflation outlook is highly uncertain due to the outbreak of the COVID-19 pandemic and expressed concern over elevated prices of pulses.

Inflation outlook highly uncertain says RBI Governor
    RBI slashes repo rates by 40 basis points to 4% to boost growth, other measure

    He also said there is a need to review import duties to moderate prices.

    Highlights: RBI cuts repo rate by 40 bps; extends loan moratorium till August

    Headline inflation may remain firm in the first half of the year and may ease in second half. Inflation may fall below 4 per cent in the third or fourth quarter of the current fiscal, according to the Governor.

    Further, Das said government revenues have been impacted severely due to the slowdown in economic activity amid the pandemic.

    For Daily Alerts
    Get Instant News Updates
    Enable
    x
    Notification Settings X
    Time Settings
    Done
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more