India's Inflation Rises, Central Bank Cuts Rates

Indias consumer inflation ticked up in November, reaching 0.71%, driven by higher prices for essential items and fuel. The central bank cut interest rates to support economic growth, expecting inflation to average around 2% in the fiscal year ending March 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.