RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.
The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27.
The former Congress chief's attack came a day after petrol and diesel prices in the country touched new all-time highs after rates were increased for the fourth time in the week.
The Reserve Bank of India on Friday maintained status quo for the third time in a row and kept benchmark lending rate unchanged at 4 per cent.
The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with Reserve Bank of India (RBI).
Though the contraction is far lower compared with 23.9% in the previous quarter, this should offer no solace
While food article prices softened in October, manufactured items witnessed hardening of prices, according to data released by the Commerce and Industry Ministry
I recognise that there exists space for future rate cuts if the inflation evolves in line with our expectations. This space needs to be used judiciously to support recovery in growth, says RBI Governor
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