But one thing survived all of it. One thing that every central bank in the world is quietly accumulating — while publicly calling it irrelevant. That which cannot be manufactured.
India's wholesale inflation rose to 9.87 per cent in June, driven by higher food, fuel and manufacturing costs amid the West Asia crisis and Strait of Hormuz disruptions. Rising global energy prices also pushed retail inflation higher, increasing pressure on the economy
India’s inflation rose to 3.4 per cent in March under the new CPI series, driven by higher vegetable prices, while pulses and some food items became cheaper. The RBI expects inflation at 4.6 per cent in 2026-27